by Ashford Benjamin | May 31, 2018 | Uncategorized
The Hong Kong Stock Exchange has issued its consultation conclusions on proposals to enhance its delisting framework, aimed in particular at addressing companies that have been suspended for a prolonged period of time. The new regime introduces a standalone...
by Ashford Benjamin | May 31, 2018 | Uncategorized
Key points The Exchange has decided to introduce new rules to regulate highly dilutive capital raising structures as proposed in its consultation paper released in September 2017.The new rules will take effect from 3 July 2018. In September 2017, Hong Kong...
by Ashford Benjamin | May 24, 2018 | Uncategorized
Most people are aware that the EU General Data Protection Regulation 2016 (GDPR) will come into force on 25 May 2018. However, it seems that many Hong Kong businesses are not aware of the wide-ranging impact of the GDPR on non-EU business and that...
by Ashford Benjamin | May 24, 2018 | Uncategorized
On 16 November 2017, the Securities and Futures Commission (SFC) published the conclusions of its consultation on Proposals to Enhance Asset Management Regulation and Point-of-sale Transparency, which included proposed amendments to (a) the Fund Manager Code of...
by Ashford Benjamin | May 16, 2018 | Uncategorized
Kirkland & Ellis represented BGH Capital in the raising of its first private equity fund with a focus on investment in Australia and New Zealand. BGH was founded by Ben Gray and Simon Harle (formerly partners of TPG Capital) and Robin Bishop (formerly head of...
by Ashford Benjamin | May 16, 2018 | Uncategorized
The Hong Kong Listing Rules are to be amended from 3 July 2018 to enhance the regulatory framework for capital raisings by listed issuers. The rule changes target highly dilutive capital raisings by disallowing rights issues, open offers and placings under specific...
