赤峰翻译公司关键字:In addition, Korea has been introduced to help domestic companies against foreign hostile takeover of the new rules. In March 2005 the new rules into effect, more than 5% shares of the Company's investors, the right to operate in the public control of the company's intent, the vote shall not be exercised within five days the time being shall continue to buy shares. South Korean companies to become takeover targets, you can issue additional shares or bonds to fight hostile takeover bid. If investors buy over the counter in the open market more than 5% shares of a company, the target company may issue convertible bonds or other securities to protect themselves.
According to "China Economic Weekly" about, for acquisition by foreign investors, China's authorities introduced in 2003, "Foreign Investors to Merge Domestic Enterprises Interim Provisions", for the first time on the review of mergers and acquisitions lead to excessive concentration provisions have been made, proposed to prevent foreign acquisitions cause market concentration. However, the review has been implemented in more than 30 cases of view, still no power to prohibit the use of merger decisions, and review the system in fact became the record-keeping system. While in the "Catalogue for the Guidance of Foreign Investment Industries" in the prohibition of the establishment of foreign-owned enterprises and foreign-owned industry content, but operability is not high, there is no single formulation of foreign acquisitions of industrial policy, but to foreign acquisitions of industrial policy and other foreign investment industrial policies by equating, for which areas to allow foreign acquisitions, mergers and acquisitions which areas to encourage foreign investment, which prohibit foreign mergers and acquisitions area, mainly on the internal control department, the lack of a unified, transparent, open and workable industrial policy and industry-oriented."In Europe, Latin America and other countries have restrictive laws to stop the corresponding foreign acquisition of domestic enterprises. China's state-owned enterprises in the open market conditions, competitive pressures in the face of foreign companies, if not the viability of the enterprise itself can not survive time had to open the shares, while shares in the open, and there is no express provision in our law prohibits the taking over and if there is a corresponding legal provisions, foreign investment will certainly not come. "Renmin University of China School of Economics Dean Yang Rui" China Economic Weekly "interview that the key problem is that we do not put the appropriate state laws and regulations which industries should be protected.
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