corporate governance Archives

Hauzen LLP
01/06/2023

HK Companies Can Now Hold Fully Virtual General Meetings

HK Companies Can Now Hold Fully Virtual General Meetings https://hauzen.hk/wp-content/uploads/2021/11/network-pexels-brett-sayles-4339335.jpg 1400 788 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 01/06/2023 15/08/2024

Companies (Amendment) Ordinance 2023 modernises the way AGMs or general meetings can be held. Hong Kong’s legislation is gradually embracing modern technology.

Greg Heaton
22/04/2023

Hong Kong SPACs’ Bedazzling Debut – Act I

Hong Kong SPACs’ Bedazzling Debut – Act I https://hauzen.hk/wp-content/uploads/2022/01/hong-kong-city-5012735_1920_1400x788sm.jpg 1400 788 Greg Heaton Greg Heaton https://secure.gravatar.com/avatar/efa1e560c9cc3087926b5b7e117b4ace678ce512d9e57a410a16c83442d3ce9c?s=96&d=mm&r=g 22/04/2023 23/11/2023

Hong Kong historically discouraged shell manufacturing and backdoor listings. It has now formalized these practices with the introduction of a SPAC regime.

Hauzen LLP
04/03/2022

Exchange Published Conclusions on Review of Corporate Governance Code

Exchange Published Conclusions on Review of Corporate Governance Code https://hauzen.hk/wp-content/uploads/2020/09/piqsels.com-id-zwvfp-escalator_sm.jpg 1920 1080 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 04/03/2022 19/08/2024

Amended Listing Rules and CG Code came into effect on 1 Jan 2022, and will apply to CG reports for financial year commencing on or after 1 Jan 2021.

Hauzen LLP
16/09/2021

Listed Companies Governance

HKCGI’s Guidance Note on Securities Law and Regulation

HKCGI’s Guidance Note on Securities Law and Regulation https://hauzen.hk/wp-content/uploads/2020/09/piqsels.com-id-zwvfp-escalator_sm.jpg 1920 1080 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 16/09/2021 01/11/2021

On 5 September 2021, the Hong Kong Chartered Governance Institute issued a guidance note on securities law and regulation.

Hauzen LLP
18/08/2021

Corporate Services

Companies Registry News Update: Commencement of New Inspection Regime – Phase 1

Companies Registry News Update: Commencement of New Inspection Regime – Phase 1 https://hauzen.hk/wp-content/uploads/2020/09/piqsels.com-id-zwvfp-escalator_sm.jpg 1920 1080 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 18/08/2021 01/11/2021

On 16 August 2021, the Companies Registry published external circular no.1/2021 regarding the commencement of a new inspection regime of the Companies Register under the Companies Ordinance (Cap.622) on 23 August 2021.

Hauzen LLP
26/05/2021

Market Misconduct

Market Misconduct Tribunal sanctions Magic Holdings International Limited and its five directors

Market Misconduct Tribunal sanctions Magic Holdings International Limited and its five directors https://hauzen.hk/wp-content/themes/crocal/images/empty/thumbnail.jpg 150 150 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 26/05/2021 26/05/2021

On 11 March 2021, the Market Misconduct Tribunal fined Magic Holdings International Limited and five of its directors a total of $4 million after they were found to be culpable of late disclosure of inside information on L’Oréal S.A.’s proposed acquisition of Magic in 2013.

Hauzen LLP
26/02/2021

HKEx Publishes its Latest Review of Listed Issuers’ Corporate Governance Practices

HKEx Publishes its Latest Review of Listed Issuers’ Corporate Governance Practices https://hauzen.hk/wp-content/uploads/2020/09/piqsels.com-id-zwvfp-escalator_sm.jpg 1920 1080 Hauzen LLP Hauzen LLP https://secure.gravatar.com/avatar/d1b885eaf259d7dce5c199adb937383be5d0065b2cbf634a3209454c7173acce?s=96&d=mm&r=g 26/02/2021 01/11/2021

December 2020, The Stock Exchange of Hong Kong Limited (HKEx) published the findings of its latest review of listed issuers’ corporate governance practices.

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