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Bus/Financial - Economics / Eco | | English term or phrase: Drag-along and tag-along clauses | Pls help me translate "Drag-along and tag-along clauses" in Vietnamese.
Tks |
| tracydiemphanKudoZ activityQuestions: 52 (none open) ( 10 closed without grading) Answers: 2
| Local time: 04:17
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| | Vietnamese translation:Điều khoản về quyền yêu cầu cùng bán cổ phiếu và quyền được bán cổ phiếu với cùng điều kiện | Explanation:
It is difficult to find equivalent in Vietnamese, so I suggest the "explainatory" translation. Basically, drag along clause is used to protect large shareholders in a company, whereby the large shareholders have the right to request (or to force) the minor shareholders to sell shares when they decide to sell the company. On the other hand, tag-along clause is used to protect minor shareholders, allowing them to have the right to participate in the deal negotioation and sell their share at the same terms and conditions as applied to large shareholders. You can also type these key words in google to find some articles about these clauses.
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Note added at 7 hrs (2008-10-04 00:24:36 GMT)
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Please change "cổ phiếu" into "cổ phần" because these clauses only applies to pre-IPO companies (before going public). So the translation should be: "Điều khoản về quyền yêu cầu cùng bán cổ phần và quyền được bán cổ phần với cùng điều kiện" |
| Selected response from:
 Lieu Nguyen
Local time: 04:17
| Grading comment Tks, I choose it
4 KudoZ points were awarded for this answer |
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The translation workplace 
