Volume 27 (2006)

Volume 27 (2006) / Issue 10

Sze Ping-fat, 'Deprivation of Minors’ Right to Acquire Shares in Hong Kong' (2006) 27 Business Law Review, Issue 10, pp. 239–242

Abstract

This article examines the general law in relation to a minor applying for shares in his own right or a trustee or guardian making an application for the minor?s benefit. It then queries the decision of both the Hong Kong Exchanges and Clearing Ltd and issuers to require a minor to apply for shares in initial public offers in Hong Kong through a nominee, particularly in the light of their failure to distinguish a nominee from a trustee (or a guardian) as a matter of law.

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ISSN: 0143-6295
ID: BULA2006052