Aug 10, 2018

Book closure

2 comments

Edited: Aug 10, 2018

Anyone know why book closure is now 4 days instead of 3?

Aug 12, 2018Edited: Aug 12, 2018

HKSCC has reminded the listed issuers that pursuant to the Guide to Eligibility and Admission of Securities to the Central Clearing and Settlement System, the last share registration date must be set at least four business days before the meeting date. In response to HKSCC reminder, some share registrars recommend their clients to adopt a book closure period of four business days instead of three. If you are interested to know more, you may read this article:

https://docs.wixstatic.com/ugd/e04843_079539f12fad45fe9ca58d3ead7353bb.pdf