Sunday, April 19, 2015

RTOs under the Hong Kong Stock Exchange's Listing Rules

The definition of an reverse takeover (“RTO”) is an acquisition or a series of acquisitions by a listed issuer which, in the opinion of the Hong Kong Stock Exchange, constitutes, or is part of a transaction or arrangement or series of transactions or arrangements which constitute: an attempt to achieve a listing of the assets to be acquired; and a means to circumvent the requirements for new applicants set out in Chapter 8 of the HKEx’s Listing Rules... More: RTOs under the Hong Kong Stock Exchange's Listing Rules

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