FinMin amends public float rules for IPO-bound cos

New Delhi, Mar 15 (PTI) The Finance Ministry has amended rules for minimum public offers floated by companies for getting listed on stock exchanges and linked it with post-issue capital.The Securities ...

Govt Cuts IPO Float Requirement for Large Firms; Jio, NSE Listings Get Boost

The government has relaxed IPO rules by lowering the minimum public float requirement for companies valued above ₹5 lakh crore, allowing mega firms like Jio Platforms and NSE to list with smaller ...
JD Supra

HKEx Publishes Conclusions on Proposed Amendments to Listing Rules Relating to Ongoing Public Float Requirements

This LawFlash summarizes the key reforms of the Hong Kong Stock Exchange’s consultation conclusions on ongoing public float requirements. Mainly, an alternative Ongoing Public Float Threshold has been ...
Hosted on MSN

Philippines open to lower public float for GCash, other firms

The Philippines’ securities regulator can lower the minimum float requirement for companies conducting initial public offerings as the country’s stock exchange seeks more listings, officials said. IPO ...
JD Supra

HKEx Issues Conclusions on Optimizing IPO Price Discovery and Open Market Requirements

This LawFlash breaks down the key conclusions of the HKEx’s consultation on optimizing IPO price discovery and open market requirements, which aimed to review the existing decades-long regulatory ...
The Manila Times on MSN

Minimum public float for IPOs slashed to 15%

THE Philippine Stock Exchange (PSE) has temporarily cut the minimum public float required for companies looking to conduct an initial public offering (IPO) to 15 percent from 20 percent in a bid to ...
BusinessMirror

SEC: New public float rules aim to revitalize IPO activity

The Securities and Exchange Commission (SEC) has issued a memorandum circular for the tiered minimum public float of Philippine companies. In its new ruling, tier 1, or companies with an expected ...