Chinese lawmakers on Sunday approved a State Council proposal for stock listing reform at the end of a bimonthly legislative session which began Monday in Beijing. The decision by the National People's Congress Standing Committee will ...
Tags: Stock Listing, Registration-based
Tangiers Petroleum (u/r) Proposed takeover offer for Jacka Resources. The proposed takeover is an all share offer of 0.468 Tangiers shares for every share in Jacka Resources, implying a pre-merger share price of 11.1p for Tangiers (shares ...
Tags: Oil and Gas News, London Market, Tangiers, Jacka
Magnitogorsk Iron and Steel Works (MMK), one of the world's largest steel producers in Russia has recently announced to acquire 12.77% shares up to 95% from its existing stocks through off-market transaction in Belon who is also part of MMK ...
Tags: steel, Construction, Decoration
Murray Goulburn, an Australian diary co-operative, has launched a A$420m ($404m) bid to acquire Warrnambool Cheese and Butter (WCB), following Canada's Saputo C$378m bid earlier this month. The proposal would create one of the largest ...
Tags: Murray Goulburn, Cheese, Butter
Russia-based MMK Group has acquired an additional 12.77 percent of shares in Belon in an off-market transaction. Following the deal, MMK Group now holds a stake of over 95 percent in the coal company. This transaction enables MMK Group to ...
Tags: Metallurgy, Mineral, coal
Saputo, a Canada-based dairy company, has entered into a $370m deal to acquire Australia's oldest dairy processor Warrnambool Cheese and Butter, as part of its efforts to expand its presence in the Asia Pacific region. The offer has ...
The Australian Securities & Investments Commission has agreed to hold off on several possible changes to equity market trading rules, in the wake of concerns expressed by market participants and market manager ASX Limited. Yesterday's ...
Tags: ASIC, Trade Rule Changes
Regulators have decided against imposing restrictions that would have further curbed computer-driven and off-market share trading, claiming recent regulatory changes are already having the desired effect. In a significant win for the ...
Tags: High Frequency Trade, Restriction
Talking of the media reports that the European Commission decided to punish Huawei Technologies and ZTE Corporation (SEHK: 0763 and SZSE: 000063) for subsidy policy, ZTE responded that it has not received any related notice from Europe, ...
The Australian Securities & Investments Commission's plan to discourage high-frequency traders from using "dark pools" has been criticised by industry superannuation funds. Industry Super Network head of regulatory policy Zak May told a ...
A decades-long push to require the labeling of foods containing genetically modified ingredients in the United States received a significant boost Wednesday [Apr. 24, 2013], when bipartisan bills on the issue were simultaneously proposed ...
The Australian Securities and Investments Commission (ASIC) has proposed a range of rules to contain the growth of "off-market" and high-frequency trading (HFT), saying that it had uncovered some breaches of current law but no widespread or ...
Tags: ASIC, off-market, economy
The market regulator is considering action against five high-frequency traders and one dark-pool operator as its taskforce continues to consider new rules for those practices. Staff from the Australian Securities & Investments Commission ...
Tags: Taskforce Targets, market regulator, ASIC
Geopacific Resources has made an off market all scrip bid for unlisted World Wide Mining Projects, that could potentially give Geopacific the option to take an 85% interest in the Kou Sa Copper Project in Cambodia. As part of the deal, ...
Tags: Geopacific Resources, World Wide Mining Projects, mining
INSTITUTIONAL investors have slowed their uptake of electronic trading,in part to prop up the shrinking commissions being paid to Australia's battling brokers,new research suggests. The latest review of Australian brokers,carried out by ...
Tags: electronic trading, Australia, Peter Lee