A U-Turn About Preemptive Rights Of Existing Shareholders In Joint Stock Companies In Vietnam -

Legal Updates

A U-Turn About Preemptive Rights Of Existing Shareholders In Joint Stock Companies In Vietnam

Thay Đổi Toàn Diện Đối Với Quyền Ưu Tiên Mua Của Cổ Đông Hiện Hữu Trong Công Ty Cổ Phần Ở Việt Nam

Venture North Law Firm

1st August 2020

The provisions on private placement of shares by non-public joint stock company under the new Enterprise Law 2020 now requires a non-public joint stock company planning to conduct a private placement of shares.

For many M&A lawyers in Vietnam, the changes in the pre-emptive rights of existing shareholder in (at least non-public) joint stock companies (JSCs) come as a surprise. For 20 years, the Enterprise Law always provides that a shareholder has priority rights to purchase new shares issued by the JSC in proportion to its shareholding. However, under earlier versions ...

Những thay đổi đối với quyền ưu tiên mua của cổ đông hiện hữu trong các công ty cổ phần (CTCP) (ít nhất là các công ty không đại chúng) đã làm nhiều luật sư M&A Việt Nam bất ngờ. Trong 20 năm qua, Luật Doanh Nghiệp ...

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Venture North Law Firm

Vietnam
https://www.vnlaw.com.vn/

Venture North Law Limited (VNLaw) is a Vietnamese law firm established by Nguyen Quang Vu, a business lawyer with more than 17 years of experience. VNLaw is a boutique professional law firm focusing on corporate, commercial and M&A practices in Vietnam. Our goal is to be an efficient, innovative and client-friendly firm. To achieve that goal, we are designing a working environment and a compensation system which encourage our lawyers to provide more efficient services to clients and to focus on the long term benefit of the firm.

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