October 15, 2012
Summary
◆This report answers basic questions about share ownership restrictions on foreign investors imposed by laws that govern individual industries (e.g., Civil Aeronautics Law, Broadcast Law).
◆Topics covered include an overview of share ownership restrictions imposed on foreign investors by such industry-specific laws, the significance of denial of registration to foreign investors, and dividend payouts to shareholders denied registration. (All references are to listed companies and stocks unless otherwise indicated.)
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