Page 14 - Variable Interest Entity News Today : Breaking News, Live Updates & Top Stories | Vimarsana

China mulls tighter rules for firms listing overseas Bloomberg China’s securities regulator is weighing tighter rules for companies seeking to list in Hong Kong or overseas, a move that could hit technology firms already smarting from months of clampdowns, people familiar with the matter said. The China Securities Regulatory Commission is considering proposals that would require firms seeking initial public offerings (IPOs) outside mainland China to submit listing documents to ensure they are compliant with local laws and regulations, the people said. The scrutiny would also seek to preven...

The antitrust regulator in China has penalized some of its tech majors, including Tencent Holdings Ltd (OTC: TCEHY), Baidu ...

Tencent and Baidu join fellow behemoth Alibaba Group in coming under fire from the country’s powerful anti-trust regulator, as Beijing steps up efforts to rein in its once free-wheeling technology industry. “The message is clear that seeking government approvals in deals like these are a must,” said Ye Han, a partner at Beijing-based law firm Merits & Tree, who specialises in anti-trust. “While we haven’t seen cases where companies got broke up or mergers got unwinded, such evaluations are likely going on behind the scene.” Didi Mobility, a unit of ride-hailing giant Didi Chuxing,...

ATLANTA, Ga., Jan 13, 2021 (SEND2PRESS NEWSWIRE) — Nocera, Inc. (OTC:NCRA) (“Company”) today announced that it has formally signed Variable Interest Entity (“VIE”) agreements with Xin Feng Construction Co. Ltd., (XFC) a Taiwan construction firm, and Shunda Feed Co., Ltd., (SFC) a Taiwan aquaculture feed firm resulting in 100% controlling interest in both companies. Pursuant to the Share Exchange Agreement, the Company exchanged a total of 1,000,000 shares of restricted stock for 100% of the controlling interest, under the VIE agreements, of Shunda Feed Co., Ltd. and Xin Feng Constru...

ATLANTA, Ga., Jan 13, 2021 (SEND2PRESS NEWSWIRE) — Nocera, Inc. (OTC:NCRA) (“Company”) today announced that it has formally signed Variable Interest Entity (“VIE”) agreements with Xin Feng Construction Co. Ltd., (XFC) a Taiwan construction firm, and Shunda Feed Co., Ltd., (SFC) a Taiwan aquaculture feed firm resulting in 100% controlling interest in both companies. Pursuant to the Share Exchange Agreement, the Company exchanged a total of 1,000,000 shares of restricted stock for 100% of the controlling interest, under the VIE agreements, of Shunda Feed Co., Ltd. and Xin Feng Constru...