1、July 2024Guideline for Privatization of Hong Kong Listed CompaniesTable of ContentIntroduction.4I.Review of Privatization and Delisting of Hong Kong Listed Companies in the Past Three Years.6II.Common Methods of Privatization and Delisting of Hong Kong Listed Companies.9III.Points to Note for Privat

2、ization and Delisting of Hong Kong Listed Companies.21IV.Illustrative Case Studies.26Contacts.332 Guideline for Privatization of Hong Kong Listed CompaniesIntroductionGuideline for Privatization of Hong Kong Listed Companies 3This Guideline is jointly issued by the Hong Kong Chartered Governance Ins

3、titute and Baker McKenzie FenXun.The aim is to briefly introduce the common methods,major steps and points to note in privatizations of companies that have a primary listing in Hong Kong(the“Hong Kong Listed Companies”)This Guideline does not constitute legal or any other advice,whether legal,proced

4、ural or otherwise,on any particular matter.This Guideline is not intended to be a substitute for reference to and compliance with the detailed provisions of applicable laws,statutes,regulations and norms.In addition,this Guideline does not address any laws of jurisdictions other than Hong Kong with

5、which the relevant parties may have to comply.The following is for reference only and is not exhaustive of all steps or key points involved in privatization,and may not reflect the latest legal and regulatory developments.You should always seek legal advice before taking any action or refraining fro

6、m taking any action based on any of the information provided in this Guideline.IntroductionEllie PangHong Kong Chartered Governance InstituteChief ExecutiveChristina LeeBaker McKenzieChair of Asia Pacific Capital Markets Practice4 Guideline for Privatization of Hong Kong Listed CompaniesReview of Pr