Rulebooks: Contents

Rulebooks
Mainboard Rules
Definitions and Interpretation
Chapter 1 Introduction
Chapter 2 Equity Securities
Chapter 3 Debt Securities
Chapter 4 Investment Funds
Chapter 5 Structured Warrants
Chapter 6 Prospectus, Offering Memorandum and Introductory Document
Chapter 7 Continuing Obligations
Chapter 8 Changes in Capital
Chapter 9 Interested Person Transactions
Chapter 10 Acquisitions and Realisations
Chapter 11 Takeovers
Chapter 12 Circulars, Annual Reports and Electronic Communications
Chapter 13 Trading Halt, Suspension and Delisting
Chapter 14 Disciplinary and Appeals Procedures, and Enforcement Powers of the Exchange
Appendices
Practice Notes
Practice Note 2.2 Global Depository Receipts
Report of the Committee and Code of Corporate Governance
Catalist Rules
SGX-ST Rules
CDP Clearing Rules
DVP Rules
CDP Depository Rules
Futures Trading Rules
SGX-DC Clearing Rules
SIAC DT Arbitration Rules
SIAC DC Arbitration Rules
Rule Amendments

  Versions
(2 versions)
 
Up to Sep 28 2011Sep 29 2011 onwards

Practice Note 2.2 Global Depository Receipts

Details Cross References
Issue date: 21 June 2006

Effective date: 22 June 2006
Listing Rule
Chapter 2 Part XII

1. Introduction

1.1 This Practice Note provides guidance on the documents to be submitted in connection to the issue of global depository receipts.

2. Documents to be Submitted as Part of the Listing Application

2.1 The offering memorandum, introductory document or a listing document ("listing documents"), whichever is applicable, in connection with an issue of global depository receipts for which listing is sought.
2.2 Listing documents must contain the information that accredited and institutional investors and their professional advisors would reasonably require taking into account market practice. The listing document must include the following information:—
(a) audited annual (consolidated) financial statements for the 3 most recent completed financial years or less where applicable, such as where the corporation exists for less than 3 years. Audited financial statements may be prepared in accordance to Singapore Financial Reporting Standards ("SFRS"), International Financial Reporting Standards ("IFRS"), US Generally Accepted Accounting Principles ("US GAAP"), or the foreign corporation's national law and national accounting standards;
(b) any significant developments in the corporation's financial position or material information contained in the announcements made to the home exchange since the date of the latest audited financial statements; and
(c) a description of the principal features of the global depository receipts.
2.3 Confirmation by the corporation that it accepts responsibility for the information provided in the Listing documents, and the Listing documents contains the information that accredited and institutional investors and their professional advisors would reasonably require taking into account market practice.
2.4 The memorandum and articles of association or other constituent documents, if any (incorporating all amendments made to date).

3. Documents to be Submitted After Approval In-Principle

3.1 After the corporation receives approval in-principle from the Exchange, the following documents must be submitted before the listing of the securities:—
(a) The signed listing undertaking in the form set out in Appendix 2.3.1;
(b) The signed issue documents, such as the depository agreement (as applicable);
(c) The required number of copies of the listing documents; and
(d) Such other documents (if any) as stipulated in the approval in-principle letter.

Amended on 29 September 2011.