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Procedure Name
Procedures on issuance of Stock
Description
Procedures on issuance of Stock
Company that wishes to issue its tock to public has to submit application form together with necessaries documents as stated in the regulation to Lao securities commission to consider, if all conditions were met it will be granted permission for issuance of Stock to public.
*This procedure was drafted by LSP development team for your usage please refer to our terms and conditions
The following form/s are used in this procedure Title
| Title | Description | Create Date | Update Date | Issued By | File Download |
|---|---|---|---|---|---|
No results found. | |||||
This procedure applies to the following measures
Showing 1 - 5 of 5 items
| Name | Measure Type | Agency | Description | Comments | Legal Document | Validity |
|---|---|---|---|---|---|---|
| Requirement for fees to be paid to issue corporate bonds to a limited circle | Fee | Security Exchange commission | A company wishing to issue corporate bonds to a limited circle must pay fees | - | Regulation on issuance of corporate bond No. 019/LSC, dated 22 December 2014 | 31-12-9999 |
| Requirements for issuance of corporate bonds to the public | Licensing (based on experience, track record, technical requirements, and/or other) | Security Exchange commission | A company wishing to issue corporate bonds to the public must meet various criteria, including being a public company or a company limited (except for a sole limited company), and established and operating for at least three years. A company wishing to issue corporate bonds to the public must be licensed. | - | Regulation on issuance of corporate bond No. 019/LSC, dated 22 December 2014 | 31-12-9999 |
| Requirement for license to issue corporate bonds to a limited circle | Licensing (based on experience, track record, technical requirements, and/or other) | Security Exchange commission | A company wishing to issue corporate bonds to a limited circle must be licensed | - | Regulation on issuance of corporate bond No. 019/LSC, dated 22 December 2014 | 31-12-9999 |
| Requirement to submit a proposal and seek approval from the SC to issue stocks | Authorization / permit requirements | Security Exchange commission | Interested persons must submit proposals to the SC to obtain approval for the issuance of stocks. | - | Decree on Structure and Operation of Lao Securities Commission No. 188/PM, dated 24 July 2013 | 31-12-9999 |
| Prohibition on activities conducted by issuers and listed companies | Prohibition | Security Exchange commission | Issuers and listed companies are prohibited from conducting several activities, including issuance of securities without obtaining approval from the SC | - | Law on Securities No. 21/NA, dated 10 December 2012 | 31-12-9999 |