As provided in HKEX’s Articles of Association, any dividend unclaimed after a period of six years from the date for payment of such dividend shall be forfeited and shall revert to HKEX. Accordingly, HKEX’s interim dividend for 2010 of HK$1.89 per share, payable on September 8, 2010 and remaining unclaimed on September 8, 2016, will…
Read moreThe Stock Exchange of Hong Kong Limited (the Exchange), a wholly-owned subsidiary of Hong Kong Exchanges and Clearing Limited (HKEX), has issued a guidance letter (GL) on initial public offering (IPO) vetting and suitability for listing. The Exchange has noted that there have been a number of newly listed issuers' controlling shareholders which either sold,…
Read moreKeenly placed after a rise of fortunes which have driven an increase of 130% in share value, KVB Kunlun may be the next FX firm to be subject to the wave of mergers and acquisitions that have engulfed the global FX industry recently, with an investor showing interest in possible acquisition of all or part of the 1,500 million Shares owned by the controlling shareholder.
Read moreApplication Service Providers play a vital role in HKEx's market ecosystem by providing services to Exchange Participants (EPs) and connecting investors to HKEx’s markets.
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