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Business Law: What happens to the shares of the SPC/SPV after the assets have been transferred to the government in the BOOT model project? What are the general practices?
What if the SPC/SPV is a listed company, how does it affect the share transfer?
If the SPC/SPV is a listed company, the share transfer process can become more complicated as the shares are publicly traded. In this case, the government would need to acquire the shares in accordance with securities laws and regulations.