A Secret Weapon For hong kong listing rules company secretary
A company secretary makes sure that the company and its operation thoroughly comply with the polices from the Hong Kong Companies Ordinance. This incorporates your statutory returns and maintaining company data up to date.
(four) Right before publishing a discover below this part, the company ought to— (a) produce a replica of the discover towards the identified exchange company that operates the inventory market on which the shares anxious are shown; and (b) acquire a certificate from a licensed officer of that exchange company the duplicate is getting exhibited in accordance with subsection (5). (five) A regarded exchange company need to exhibit a copy of the notice obtained beneath subsection (four)(a) in a very conspicuous location to the premises on which the inventory sector operates or make the recognize available on its Formal Internet site to get a period of no less than— (a) a person thirty day period, for just a notice that's not required to be published below subsection (2)(b); or (b) three months, for the detect that is necessary to be published under subsection (2)(b). (six) For that needs of subsection (five), a failure to generate a replica of the see obtainable on an exchange company’s Formal Web site through a time period outlined in that subsection is to be disregarded if— (a) the see is created out there on the web site for Element of that interval; and (b) the failure is wholly attributable to conditions that it would not be affordable to obtain expected that exchange company to avoid or avoid. (7) If the applying was produced by an suitable one that is not the registered holder of the shares and does not have the registered holder’s consent to produce the applying, the stated company— (a) should provide a duplicate from the notice underneath this part within the registered holder by sending it by registered put up to the registered holder’s last handle showing inside the sign-up of users from the company; and (b) ought to not publish the recognize under this segment until finally at the very least three months after the working day on which the copy was served. (8) In this particular area—
Cap 622 - Corporations Ordinance 106 (a) the company’s registered Place of work; or (b) an area prescribed by rules manufactured below area 657. (two) A company need to notify the Registrar of your area at which the register of debenture holders is saved. The observe must be in the desired kind and sent to the Registrar for registration inside of 15 days after the sign-up is 1st held at that area. (3) A company must notify the Registrar of any change (apart from a change with the address of the company’s registered office) in the area at which the sign-up of debenture holders is stored. The detect should be in the required variety and delivered to the Registrar for registration in 15 days once the change. (four) Subsection (two) won't demand a company to notify the Registrar from the location at which the register of debenture holders is retained— (a) if, in the situation of a register that came into existence on or after the commencement day* of the Division, it's all the time been saved for the company’s registered Workplace; or (b) if— (i) quickly just before that commencement date*, the company kept a register for the applications of portion 74A in the predecessor Ordinance; and (ii) on and following that commencement date*, that sign-up is retained being a register of debenture holders to the applications of section 308(1) within the spot at which it absolutely was saved instantly right before that commencement day*.
(four) If a registered non-Hong Kong company contravenes subsection (one), the company, every single responsible person of the company, and each agent on the company who authorizes or permits the contravention, commit an offence, and each is liable to a good at level 3 and, in the case of the continuing offence, to an extra fantastic of $300 for every single day through which the offence proceeds. Area: 795 Authorized representative of registered non-Hong Kong company need to notify Registrar of dissolution
A detect that was served beneath section 337B with the predecessor Ordinance, as in force promptly in advance of its repeal, and which was in force straight away ahead of the commencement date of Division 4 of Part 16, continues in drive and it has impact as though it were being a recognize served underneath section 780. 136. Notice of cessation of area of business enterprise in Hong Kong
(4) This segment does not utilize Except if each amalgamating company is really a company confined by shares. Segment: 682 Directors of amalgamating company should notify secured creditors of proposed amalgamation
A listed organization in Hong Kong can only have a person company secretary, Which applicant ought to fulfill specific academic qualifications or similar working experience requirements, for instance: Getting a lawyer or barrister; or
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Who you appoint as company secretary will not be a call to generally be taken anyhow. Ensure that you appoint someone who can adequately guide. Usually, you hazard exposing your company to probable formation company faults and delays that will end in unnecessary costs.
Cap 622 - Corporations Ordinance 211 customers in accordance with paragraph (b). (three) The company need to send out the copies (or if copies are sent to customers on distinctive times, the initial of These copies) not a lot more than 21 times immediately after it gets to be subject matter towards the prerequisite less than subsection (one) to send the copies. (four) If the company sends a copy of the proposed penned resolution or assertion by which makes it offered on a website, the duplicate isn't validly despatched for that needs of the Subdivision unless the copy is accessible on the web site all through the time period— (a) commencing over the circulation date; and (b) ending within the date on which the resolution lapses less than part 558. (five) For that needs of subsection (4), a failure to help make a duplicate of the proposed composed resolution or assertion readily available on a website through the time period talked about in that subsection should be to be disregarded if— (a) the copy is designed readily available on the web site for Section of that interval; and (b) the failure is wholly attributable to conditions that it would not be realistic to have anticipated the company to circumvent or avoid. (6) The company should make sure that the duplicate from the proposed penned resolution sent to an suitable member is accompanied by guidance concerning— (a) how to signify arrangement into the resolution underneath segment 556; and (b) the date by which the resolution should be passed if It's not necessarily to lapse under section 558.
(2) An offence is not fully commited underneath this area in relation to a reduction of share cash by a company only since a number of administrators with the company dedicate an offence below section 207 in earning a solvency
(8) Subsection (6) doesn't render faulty any authorized proceedings by or against the registered non-Hong Kong company. If you can find any legal proceedings Which may are commenced or continued by or towards that company from the corporate name or maybe the outdated accredited name, Those people proceedings may very well be commenced or ongoing by or towards it by The brand new accredited name in relation to the corporate identify. Portion: Division: 16 five Authorized Reps of Registered Non-Hong Kong Businesses
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