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  • Shanghai Stock Exchange To Introduce Business Rules For Targeted Convertible Bonds

    Date 06/07/2020

    In order to implement the requirements of the China Securities Regulatory Commission (CSRC) for the pilot program of reform in targeted convertible bonds, give full play to the positive role of the targeted convertible bonds in mergers and acquisitions and reorganizations and refinancing, and effectively serve the market participants of targeted convertible bonds, since 2019, the Shanghai Stock Exchange (SSE) has conducted extensive research on the issuance, transfer, conversion to shares and other businesses of targeted convertible bonds, formulated the business plan and launched the IT development for the targeted convertible bonds. On December 24, 2019, Suzhou Secote Precision Electronic Co., Ltd. (603283), a company listed on the SSE main board, completed the first registration for targeted convertible bond issuance on the SSE, and used the targeted convertible bond to pay RMB126 million for the restructuring consideration. Up to now, the SSE has accomplished the registration of targeted convertible bond issuance for 6 listed companies. Nearly RMB2 billion in total was paid with the targeted convertible bonds for restructuringconsideration, and the auxiliary fundraising exceeded RMB5 billion, which has strongly supported the M&A and reorganization and refinancing of the listed companies.

  • Dubai Financial Market Announces The Results Of The Semiannual Review Of The General Index Sample

    Date 06/07/2020

    Click here to download details of the semiannual review of the General Index sample.

  • Tehran Stock Exchange Weekly Market Review - 27June 2020 To 1 July 2020

    Date 05/07/2020

    Click here to download Tehran Stock Exchange's weekly market review.

  • Strict Precautionary Measures For The Safety Of Clients And Employees: Dubai Financial Market Reopens Its Trading Floor For Investors As Of Tuesday 7th July 2020

    Date 05/07/2020

    The Dubai Financial Market (DFM) today announced that it is reopening its Trading Floor and Customer Affairs counters for investors as of Tuesday 7th July 2020, with the strict implementation of precautionary measures for the safety of clients and employees.

  • Cyprus Securities And Exchange Commission Fines Commerzbank AG

    Date 03/07/2020

    The Board of the Cyprus Securities and Exchange Commission (‘CySEC’) wishes to inform the public that it has completed its investigation regarding the compliance of the Cyprus Popular Bank (“CPB”) and Commerzbank AG with section 19 of the Insider Dealing and Market Manipulation (Market Abuse) Law of 2005 in relation to structured bonds ISIN XS0345364227 and XS0345364656 for the period between 1 January 2008 – 15 March 2013.