{"id":602424,"date":"2019-03-27T03:55:51","date_gmt":"2019-03-27T03:55:51","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/"},"modified":"2019-03-27T03:55:51","modified_gmt":"2019-03-27T03:55:51","slug":"fra-signals-new-protections-coming-for-minority-shareholders","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/","title":{"rendered":"FRA signals new protections coming for minority shareholders"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-08\"><\/a><b> FRA signals new protections coming for minority shareholders:<\/b> The Financial Regulatory Authority (FRA) has reportedly signed off on a regulatory change that aims to protect the rights of minority shareholders when companies list and delist shares on the EGX, <a href=\"https:\/\/www.almasryalyoum.com\/news\/details\/1381926\">Al Masry Al Youm reports<\/a>. The changes zero in on conflicts of interest and allow the FRA to exclude majority shareholders from voting on decisions of voluntary delisting during extraordinary general assemblies. Only minority shareholders would be permitted to vote in such circumstances. The amendment would also allow the authority to compel the buyout of minority investors at a value set by an independent financial advisor. The story does not make clear when the changes go into effect.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>FRA signals new protections coming for minority shareholders: The Financial Regulatory Authority (FRA) has reportedly signed off on a regulatory change that aims to protect the rights of minority shareholders when companies list and delist shares on the EGX, Al Masry Al Youm reports. The changes zero in on conflicts of interest and allow the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[102,72,76,343,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-602424","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-capital-markets","tag-enterpriseam","tag-financial-regulatory-authority","tag-regulation","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"67b89253-5cad-457e-893b-0b6d090a9fef","is_powered_by":true,"section_story_id":"e9b3fd22-6ad9-4f60-8ac9-2090184bd1d5","story_type":"1","photo_url":"","photo_position":"above","related_issue":[602407],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>FRA signals new protections coming for minority shareholders - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FRA signals new protections coming for minority shareholders\" \/>\n<meta property=\"og:description\" content=\"FRA signals new protections coming for minority shareholders: The Financial Regulatory Authority (FRA) has reportedly signed off on a regulatory change that aims to protect the rights of minority shareholders when companies list and delist shares on the EGX, Al Masry Al Youm reports. The changes zero in on conflicts of interest and allow the [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-03-27T03:55:51+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"FRA signals new protections coming for minority shareholders\",\"datePublished\":\"2019-03-27T03:55:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\"},\"wordCount\":125,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"capital markets\",\"EnterpriseAM\",\"Financial Regulatory Authority\",\"regulation\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/03\/27\/fra-signals-new-protections-coming-for-minority-shareholders\/\",\"name\":\"FRA signals new protections coming for minority shareholders - 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The complaint to the Financial Regulatory\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601811,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/11\/americana-minority-shareholders-ask-fra-to-file-lawsuit-against-alabbar\/","url_meta":{"origin":602424,"position":1},"title":"Americana minority shareholders ask FRA to file lawsuit against Alabbar","author":"enterpriseam admin","date":"11 March 2019","format":false,"excerpt":"M&A WATCH- Americana\u2019s minority shareholders ask FRA to compel MTO bid by Alabbar: Minority shareholders of Egyptian International Tourism Projects Company (Americana Egypt) are demanding that the Financial Regulatory Authority (FRA) take legal action to compel a company led by Emirati business figure Mohamed Alabbar to make a mandatory tender\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":602475,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/28\/amer-group-shareholders-reject-boards-decision-to-delist-from-egx\/","url_meta":{"origin":602424,"position":2},"title":"Amer Group shareholders reject board\u2019s decision to delist from EGX","author":"enterpriseam admin","date":"28 March 2019","format":false,"excerpt":"Amer Group minority shareholders say no to delisting decision: Minority shareholders of developer Amer Group shareholders have said no to a plan driven by the company\u2019s board of directors to voluntarily delist from the EGX, Al Mal reported. The Financial Regulatory Authority (FRA) had decided that only minority shareholders would\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":601564,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/03\/04\/only-minority-shareholders-can-vote-on-amer-group-delisting-fra\/","url_meta":{"origin":602424,"position":3},"title":"Only minority shareholders can vote on Amer Group delisting: FRA","author":"enterpriseam admin","date":"4 March 2019","format":false,"excerpt":"Amer Group\u2019s minority shareholders will be the only ones allowed to vote on the Board of Director\u2019s plan to delist the company\u2019s shares from the EGX, the Financial Regulatory Authority said in a bourse filing. Thursday\u2019s trades on Amer Group and Porto Group were canceled following the announcement.","rel":"","context":"In &quot;Other Business News of Note&quot;","block_context":{"text":"Other Business News of Note","link":"https:\/\/enterpriseam.com\/egypt\/category\/other-business-news-of-note\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597500,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/29\/adeptio-requests-fra-approval-to-buy-out-americana-egypt-minority-shareholders\/","url_meta":{"origin":602424,"position":4},"title":"Adeptio requests FRA approval to buy out Americana Egypt minority shareholders","author":"enterpriseam admin","date":"29 July 2019","format":false,"excerpt":"M&A WATCH- Adeptio requests regulatory approval to buy out American Egypt minority shareholders: Adeptio AD Investments has submitted a request to the Financial Regulatory Authority (FRA) for its approval to buy out minority shareholders in the Egyptian International Tourism Projects Company (Americana Egypt) through one its subsidiaries, Adeptio said in\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":593101,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/11\/18\/americana-egypt-minority-shareholders-turn-down-adeptios-offer-price\/","url_meta":{"origin":602424,"position":5},"title":"Americana Egypt minority shareholders turn down Adeptio's offer price","author":"enterpriseam admin","date":"18 November 2019","format":false,"excerpt":"M&A WATCH- Americana minority shareholders turn down Adeptio's offer price: Minority shareholders in the Egyptian International Tourism Projects Company (Americana) have rejected Adeptio's mandatory tender offer (MTO), which offered to buy Americana\u2019s shares at EGP 3.9 apiece, according to Al Mal. 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