Making capital rasing easier and allowing companies to perform more transactions without waiting for shareholders' approval are some of the ways the JSE plans to cut red tape.Making it easier to raise capital and allowing companies to perform more transactions without waiting for shareholders' approval are some of the ways theThe amendments to the JSE listings requirements, aimed at reducing red tape at the JSE, were recently approved by Financial Sector Conduct Authority .
Shareholder approval requirements have been removed for several transactions, including corporate actions that companies perform on the JSE in the"ordinary course of business". Subscribe to News24 for just R75 per month to read all our investigative and in-depth journalism. You can cancel any time.
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