As per ITO Section 37, the nature and rate of CGT on shares of unlisted and listed companies would also differ while shares of the public and
listed company will be considered as securities from the date of their purchase according to Section 37a.
HONG KONG, Apr 12, 2019 - (ACN Newswire) - NetDragon Websoft Holdings Limited ("NetDragon" or "the Company") (Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that the Company wins the second "New Fortune Best IR of Hong Kong
Listed Company" award out of nearly 500 high-quality Hong Kong listed companies.
Meanwhile, DFM suspended trading on Arab Insurance Group (a dually
listed company) and Al Safwa Mubasher Financial Services PrJSC (a private
listed company).
Calling the event the First
Listed Company Forum, the CSX will host the gathering in September.
Accordingly, it appears to be prudent and time-saving if the investors approach the concerned
listed company or registered intermediary first with all the requisite details to redress the complaints, it added.
If anything happens in a
listed company any time, then it needs to be disclosed to the market.'
In case of a
listed company, the section further requires authentication of financial statements by the CFO.
The introduction of this additional requirement intends to make the executive management of a
listed company to give more thought and care to the authentication of the financial statements, by making them personally liable for authenticity of information contained therein.
Company chair and CEO Joseph Calata has been banned from the boardroom of any
listed company indefinitely.
A Connected Person is required to file a report with the DFSA and
listed company within 5 days of acquiring a holding of five per cent or more of the voting shares of the
listed company.
It is the responsibility of every publicly
listed company to keep its stakeholders informed of all information that may influence an investment decision, he said.