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CHINESE REGULATOR AMENDS RULES ON ACQUIRING LISTED FIRMS.

Publication: AsiaPulse News
Publication Date: 28-AUG-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BEIJING, Aug 28 Asia Pulse - The China Securities Regulatory Commission (CSRC), the securities and futures industry regulator, made public a decision Wednesday to revise Administrative Measures for Acquiring Listed Companies.

Under the new rules, the controlling shareholder of a listed company (with 30 per cent or bigger interest)...

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