Ukurhoxisa Usetyenzisiwe Eyenziweyo - Japan Exchange Iqela

Ukuba TSE identifies umyalelo lowo kuba ngaphezu ezintlanu kodwa amathathu okanye ngaphantsi inani ezidweliswe izahlulo, TSE uza qinisekisa iinkcukacha ukuze kunye orhwebo nxaxheba othe wabeka umyaleloKwimeko apho ukuba onjalo umyalelo ngu iqinisekiswa erroneous kwaye kucingeleka ekufuneka usetyenzisiwe, okanye ukuba ukuthengisa nxaxheba abo wabeka umyalelo (hereinafter 'ukuze -bafakwe orhwebo nxaxheba') izicelo TSE ukwenza njalo, TSE uza okwexeshana info ulinganisa kwe odolo (kubandakanywa bonisa ezikhethekileyo luphindo) stock. Ukuba i-erroneous ukulandelelana ngaphezu kweshumi ka-ezidweliswe izahlulo wenziwe usetyenzisiwe, TSE uza yokuma orhwebo ukuze disseminate ulwazi malunga nenkqubo yolawulo olumanyanisiweyo imfuza ukuba ezinjalo eyenziweyo iya kuba irhoxisiwe. Nkqu kunjalo eyenziweyo musa bahlangana ngasentla iindlela, TSE babe yokuma orhwebo ukuba disseminate ulwazi malunga ukucinywa malunga nenkqubo yolawulo olumanyanisiweyo imfuza ukuba kufanelekile, ingakumbi xa kukho imfuneko. Ngokubhekiselele kwi-langaphandle isitokhwe _sinyusiwe: (dually-ezidweliswe imiba) kwaye convertible bonds (hereinafter 'CBs'), TSE uza yokuma orhwebo ukuba eyenziweyo zithe usetyenzisiwe kuba phezu, kwiyunithi ye-yangaphambili okanye JPY ezimbini bhiliyoni ka-yokugqibela. Ukuze ukunqanda kwimakethi disruption ngenxa erroneous ii-odolo, zimbini zilandelayo iimeko TSE uza qinisekisa i-erroneous ukuze kunye ukuze -bafakwe orhwebo nxaxheba kwaye ke ngoko nangoko, disclose imeko njengoko urgent yemakethi. Ukongeza, emva kokuba ethe TSE echaza isimo sakhe sokuphila eyakhe urgent yemakethi, ukuze -bafakwe orhwebo abathathi-nxaxheba baya kanjalo ngoko nangoko disclose ulwazi kwi iinkcukacha erroneous umyalelo. Njengoko jikelele umthetho, umyalelo-bafakwe orhwebo nxaxheba kukuba nako ukufaka ii usetyenzisiwe eyenziweyo ngaphakathi amathandathu lemizuzu ukuphunyezwa komgaqo-orhwebo yokuma. Ukuthengisa nxaxheba kukuba nako ukufaka ii usetyenzisiwe eyenziweyo, njengoko jikelele umthetho, iimeko apho eyenziweyo zingaphezu amabini inani ezidweliswe izahlulo kwaye kunokubangela extreme iingxaki kulo lonke ityala lesi ka-eyenziweyo. Ngokubhekiselele kwi-langaphandle isitokhwe _sinyusiwe: (dually-ezidweliswe imiba) kwaye CBs, isicelo ukucinywa esivunyelweyo kuphela ukuba eyenziweyo ka phezu, iiyunithi kuba yangaphambili okanye JPY ezimbini bhiliyoni kuba yokugqibela zithe usetyenzisiwe. Kwimeko apho ukuba TSE sele ufumene i-aplikeshini ye-ukurhoxisa usetyenzisiwe eyenziweyo kwi umyalelo-bafakwe orhwebo-nxaxheba, okanye isaziso ukusebenza ukuba abathathi-nxaxheba ayisayi rhoxisa kwabo, TSE iza ngokukhawuleza disclose enjalo iinyaniso. Ngaphezu koko, nkqu kunjalo TSE akusebenzi kwamkela nasiphi na isicelo kwi umyalelo-bafakwe orhwebo-nxaxheba, njalo-njalo. ngaphakathi amathandathu lemizuzu ukumiselwa ukuthengisa yokuma, TSE uza disclose oku kunjalo. Kwilixa apho TSE kuqoqoqsho iimeko eziza kwenza lonke ityala lesi ka-eyenziweyo ingakumbi nzima, ukuze -bafakwe abathathi-nxaxheba babe ifayile isicelo rhoxisa usetyenzisiwe eyenziweyo kwezinye izihlandlo nkqu xa usetyenzisiwe eyenziweyo ingaba ngaphezu kweshumi kodwa amabini okanye ngaphantsi inani ezidweliswe izahlulo. Xa TSE efumana isicelo ukuze urhoxise i-usetyenzisiwe intengiselwano, TSE siqhuba hearings kunye ukuze -bafakwe orhwebo abathathi-nxaxheba malunga ne-nxaxheba ke capability ukuba procure imali okanye securities kuba settlements kwaye luhlole malunga nenkqubo yolawulo olumanyanisiweyo imfuza ka-septemba ukungaphumeleli. TSE ucima usetyenzisiwe eyenziweyo kuphela ukuba, njengoko ngenxa yayo njalo, uqikelelo ukuba kukho phezulu malunga nenkqubo yolawulo olumanyanisiweyo imfuza ka-septemba failures. Ukuba eyenziweyo usetyenzisiwe ngokusekelwe erroneous ukuze musa zingaphezu amabini inani ezidweliswe izahlulo, TSE uza rhoxisa eyenziweyo kuphela xa afanelekileyo stock ngu lunxulumano njengoko ngenxa ihlale ngexesha elingelilo lokuhlala iimeko. (qaphela) umzekelo, imeko apho takeover ndithi wenziwe wanikela nto leyo iza umda yokudada izahlulo kakhulu kwaye yenza kube nzima ukuboleka isitokhwe _sinyusiwe: ukusuka enkulu shareholders. Nkqu xa umyalelo bafakwe nxaxheba akusebenzi kuba ukucinywa i usetyenzisiwe intengiselwano, iimeko apho kubalulekile kakhulu kunzima settle usetyenzisiwe eyenziweyo ngenxa i-erroneous umyalelo, kwaye lithatyathwa kuyimfuneko ukuze uphephe disruption kwindawo yentengiso, TSE kuza, kwiimeko ezithile, ukuziphatha hearings nge-nxaxheba malunga ezi iimeko kwaye ukuthenga izakhono isigqibo sokuba lokurhoxisa intengiselwano. Ukuba lugqiba ukuba urhoxise i-usetyenzisiwe intengiselwano, TSE ngoko nangoko kuya kwenza uluntu ukubhengezwa iinkcukacha ukucinywa. Iinkcukacha ezinjalo ukubhengezwa ingaba njengokulandelayo Ukongeza, ukuba TSE halts orhwebo ukuba disseminate ulwazi malunga nenkqubo yolawulo olumanyanisiweyo imfuza ka-ukurhoxisa i-usetyenzisiwe intengiselwano, kodwa akakwazi aqonde na extreme iingxaki kulo lonke ityala lesi ye-eyenziweyo ngokusekelwe i-erroneous olungcwele, TSE uza isigqibo hayi ii intengiselwano kwaye ke yenza nika-wonke ukwaziswa kwi-mba. I-eyenziweyo ukuba uza kuba irhoxisiwe uya kuba bonke eyenziweyo usetyenzisiwe ngethuba eliqalela lokuqala intengiselwano ngokusekelwe erroneous ukuze ukuthengisa yokuma.

Amalungelo imisebenzi phakathi abathengi kwaye orhwebo abathathi-nxaxheba malunga irhoxisiwe eyenziweyo bamele kanjalo wamanzi acociweyo njengoko ukuba babeza zange consummated kwaphela.

Orhwebo ka-stock iya kuba wema kuba bubonke umhla kwi isigqibo kwaye iya kuba resumed zilandelayo ngosuku. Xa orhwebo ngu resumed, stock ke isiseko ixabiso iya kuba yokugqibela ixabiso usetyenzisiwe ngokukhawuleza phambi uphumezo lokuqala intengiselwano ngokusekelwe erroneous ukuze - (kuquka ezikhethekileyo caphula kwaye isiseko ixabiso le-kuyaqalisa umhla). Ukuba TSE sibona kufanelekile kukho abnormality okanye malunga nenkqubo yolawulo olumanyanisiweyo imfuza ezinjalo kwi-orhwebo iimeko emva kuyaqalisa orhwebo, TSE kungathatha ezigunyazisiweyo zengxelo amanyathelo mayela orhwebo. Kwimeko apho ukuba TSE ucima intengiselwano, kunokuthi, njengoko okhethekileyo komlinganiselo, isibonelelo - izicelo ka-kufanelekileyo ukuba abatyali-mali reinstate ezithile irhoxisiwe eyenziweyo. Nangona kunjalo, oku reinstatement ngu limited ukuba iimeko apho ukucinywa ka-usetyenzisiwe eyenziweyo wenza a ukusilela procure imali kwaye securities kuba lonke ityala lesi na eyenziweyo athe wathabatha indawo ngexesha ukucwangcisa ixesha ixesha emva ukucinywa. Ukuba ii-odolo a umthengi unelungelo lirhoxisiwe, kunye kufunyanwe imvume evela TSE, orhwebo abathathi-nxaxheba babe phumeza reinstatement eyenziweyo kunye ukuze -bafakwe nxaxheba isithethi njengokuba counterparty. Oku intengiselwano babe kwenziwa ngexesha elinye ixabiso ukuba waba esetyenziselwa irhoxisiwe intengiselwano. Umthengi usetyenzisiwe 'ukulandelelana intengiselwano' (*Qaphela) ukususela ekuqaleni urhwebo ngokusekelwe erroneous obabukho usetyenzisiwe kwi-trade yima ukuze disseminate ulwazi malunga nenkqubo yolawulo olumanyanisiweyo imfuza ka-ukurhoxisa usetyenzisiwe eyenziweyo waba isetyenzisiwe.

I-irhoxisiwe eyenziweyo alinakukhuselwa ngokusekelwe a discretionary orhwebo isivumelwano okanye proprietary i-akhawunti ye-mali ngemali trader yokuthenga made usebenzisa proceeds from yoqobo ukuthengisa i-irhoxisiwe eyenziweyo, okanye ukuthengisa securities made emva yoqobo ukuthenga le irhoxisiwe intengiselwano.

Ngaphezu koko, le ukuthenga okanye ukuthengisa kufuneka zithe kwenziwa ngokusebenzisa enye orhwebo nxaxheba abo olwamkelekileyo umyalelo kuba intengiselwano ukuba waba irhoxisiwe. Ephezulu imida kwi orhwebo reinstatement ngamnye umthengi ingaba njengokulandelayo. Reinstatement iya kuba akavumelekanga phezu ezi imida TSE uza approve reinstatement eyenziweyo ngokusekelwe isicelo ezenziwe sesi sibini nge orhwebo-nxaxheba. Ukuthengisa abathathi-nxaxheba kufuneka afake isicelo kuba abo umthengi eyenziweyo apho, ukususela phakathi irhoxisiwe trades, ngabo bakholelwa ukuhlangabezana iimeko kuba reinstatement ukuvunywa. Esi sicelo kufuneka singeniswe TSE nge-: emva kwemini esilandelayo usuku uphumezo Kwimeko apho ukuba i-usetyenzisiwe intengiselwano sele lirhoxisiwe kwaye bakholelwa ukuhlangabezana iimeko kuba reinstatement ukuvunywa, abatyali-mali hoping ukuba ingaba zabo trades reinstated ingaba advised ukuba ngoko nangoko, qhagamshelana ukuthengisa nxaxheba abo baya ilungisiwe.