Definition of Connected Person - Substantial Shareholder / Connected Subsidiary / Associate

Definition of Connected Person - Substantial Shareholder / Connected Subsidiary / Associate

Level: / Saturday, 19 March 2016
9:30 am – 12:45 pm
3 CPD points
Elementary level, for delegates who do not have prior knowledge of the subject area / Language:
Venue : / English
Joint Professional Centre
Unit 1, G/F.,
The Center, 99 Queen’s Road Central, Hong Kong
Course objective:
To provide an introduction to a fairly complex area of Hong Kong Stock Exchange Listing Rules compliance – the connected transaction regime in Chapter 14A of the Listing Rules and to examine the regulatory requirements to ensure structural and procedural integrity of transactions by publicly listed groups when connected persons are involved in such transactions.
About the course:
This presentation examines how the regulations in the Listing Rules ensure that a listed issuer takes into account the interests of shareholders as a whole when it or one of its subsidiaries enters into connected transactions; and how safeguards are built in to ensure that those in positions of authority act fairly to shareholders. The course will cover the following:
  • What is a connected transaction?
  • Definition of "connected person" - substantial shareholder / connected subsidiary / associate
  • "Associates" - immediate family / family / controlled companies
  • Deemed connected persons
  • Transaction with third parties
  • Financial Assistance
  • Continuing Connected Transactions
  • Exemptions
  • Compliance Issues
  • Worked examples

About the presenter:
Julianne Doe, Partner, Dentons
Ms. Doe is a Partner of Dentons. She is a well-known conference speaker whose practice focuses on the corporate finance and commercial areas, and she has acted for financial advisers and companies on a large variety of public company and securities related matters. Such matters include equity issues for flotation of companies on the Hong Kong Stock Exchange, corporate restructurings, mergers and acquisitions, private placing of public company shares, schemes of arrangement in corporate redomiciliations and rescues, privatisations, and compliance and regulatory issues. She has spoken at many seminars in Hong Kong and mainland China, and has written a number of articles published in local and overseas legal journals.
Ms. Doe was a member of the Hong Kong Law Society’s Securities Law Committee from 2000 to 2011, and is also a council member of the Federation of Women Lawyers and chairs the Federation’s Securities and Finance Committee. She is a Fellow of the Hong Kong Institute of Directors.
Enrolment Conditions:
  1. Enrolments will be accepted on a first-come first-served basis.
  2. Places cannot be reserved by facsimile. Registrations will only be accepted upon full payment of the course fee and receipt of the registration form.
  3. If you cannot attend a booked course, written notification must be received by the Academy at any time before the date of the booked course and then you may either: 1. transfer your booking to a replacement delegate; or 2. transfer, up to 3 times, your booking to another Academy course of same value within 6 months of your written notification. If you still cannot attend the booked course after you have utilised the 3 transfers of your booking, no further transfers will be allowed and the course fees paid will be forfeited unless notice of cancellation is received in accordance with the cancellation policy.
  4. Notice of cancellation of a booking must be given so that it reaches the Academy not less than seven (7) days before the date of the course and is subject to an administration fee. This fee is presently set at HK$100. Cancellations received after this time will not be accepted - the registration fee will remain payable and shall under no circumstances be refunded. Registrations are transferable to another person at any time before commencement of the course provided that the Academy is notified in advance.
  5. If the course becomes full and you wish to have your name entered onto the waiting list of this course, please complete the enrolment slip and return it to the Academy together with the payment of the appropriate course fee. You will be notified before the date of the course if we are able to offer you a place at the course. A registrant whose enrolment is unsuccessful will receive a refund of the appropriate course fee.
  6. Please click here for the Bad Weather Policy.
  7. Please click here for the CPD Attendance Policy which applies to those who wish to claim CPD points from the Law Society of Hong Kong.
  8. The Hong Kong Academy of Law reserves the right to alter the contents, speaker(s) or otherwise of this course, or cancel this course.

Enrolment Slip:

Re:Connected Transactions, Saturday, 19 March 2016 (031916A)

To:Hong KongAcademy of Law, 3rd Floor, Wing On House, 71 Des Voeux Road Central, HK
(Attention: Ms. Hailey Luk - Tel: 2846 0587)

Name: Mr./Ms.

(full name as on identity card or practising certificate or trainee solicitor contract)

Occupation: I am (please tick as appropriate)

a Solicitor a Barrister a Trainee Solicitor

(others, please specify) :

Solicitor No: Year of admission: Trainee: First/Second year (if applicable)

(if applicable) (if applicable)

Company/Firm: Position:



Tel: Fax:

I enclose a cheque made payable to “Hong Kong Academy of Law Limited” for $ _ _ in payment for the above course.

I have read and accepted the Enrolment Conditions attached to the course flyer.

Signature: Date:

Personal Information Collection Statement
The personal data collected in this Enrolment Form (“the data”) will be used by the Hong Kong Academy of Law Limited (“the Academy”) for the purposes of processing your application (“the Application”) to enroll in the Continuing Professional Development (“CPD”) courses, making logistical arrangements, compiling statistics and keeping records of your attendance, facilitating the applications for CPD and/or Risk Management Education accreditation of such courses and other related matters.
In making the Application, it is obligatory for you to supply the Academy with the data requested in this Enrolment Form except as otherwise indicated. The consequence for you if you fail to supply such data is that the Academy will not be able to process the Application.
The data may be provided to such persons within the Academy whose proper business it is to have access to and assist in the processing of the Application and related matters. The data may also be provided to the Law Society of Hong Kong, the CPD course facilitators / workshop leaders / presenters and other persons who may help the Academy in attaining the purposes above mentioned.
Any data that is provided to anyone outside of the Academy will be restricted to what is necessary and not excessive to achieve any intended purpose.
You have the right to request access to and correction of the data. Any such request should be addressed to the Company Secretary, Hong Kong Academy of Law Ltd., 3/F, Wing On House, 71 Des Voeux Road, Central, Hong Kong.
The Privacy Policy Statement of the Academy is available on its website at