Speaker(s)
- Mr Richard Leung JP FCG HKFCG, Barrister-at-law, Des Voeux Chambers
- Mr Ronald Pang, Barrister-at-law, Gary Soo's Chambers
Description
In 2020, there have been many cases that publicly listed companies made application to be delisted through privitisation via a scheme of arrangement. In this seminar, the speakers would share their valuable experience in this area with the audience.
- the relevant sections under the Companies Ordinance Cap 622 about scheme of arrangement and their requirements
- the jurisdiction of the Court
- procedural steps involving designing the scheme, drafting the scheme document with explanatory statement, deciding on the classification of members, seeking
- leave to convene a court meeting, servicing of the scheme documents, holding the court meeting, filing a petition for sanctioning of the scheme after the court meeting,
- getting the court's final approval
- legal issues involved in some of those privitisation cases and the ways to address those concerns
(Recorded in March 2021)
Speakers' bio:
Mr Richard Leung
Mr Ronald Pang