07 May 2020
This briefing discusses the latest amendment to the Prevention and Control of Disease (Prohibition on Group Gathering) Regulation and its impact on company general meetings.
On 5 May 2020, the Government updated the Regulation that governs gatherings in Hong Kong and these updates will affect the way in which shareholder meetings can be conducted.
Although the updates to the Regulation increase the size of permitted gatherings to 8 persons, shareholder meetings of more than 8 persons are specifically permitted to exceed this limit provided:
If there are more than 50 attendees at the shareholder meeting, measures must be put in place to separate the attendees in different rooms or partitioned areas, each accommodating not more 50 persons.
These updates will take effect on 8 May 2020 up to 21 May 2020.
This material is provided for general information only. It does not constitute legal or other professional advice.
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