The Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEx), has decided to amend the Listing Rules to remove the requirements for issuers to file printed documents with the Exchange. The Rule amendments will become effective on 1 January 2011.
"The changes are part of our continuing efforts to streamline our document requirements and to reduce paper consumption” said Mark Dickens, the Head of Listing.
Under the amended Rules issuers will no longer be required to submit printed copies of various documents to the Exchange, including:
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Financial reports;
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Takeover documents;
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Circulars for repurchase mandates and the corresponding resolutions passed at general meetings; and
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With respect to collective investment schemes, other documents issued to holders of interests in the schemes.
The Rule amendments can be downloaded from the “Rules & Regulations – Rules and Guidance on Listing Matters –Amendments to Main Board Listing Rules” and the “Rules & Regulations – Rules and Guidance on Listing Matters –Amendments to GEM Listing Rules.
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