In reviewing a listing application, the Exchange will consider a number of factors, including:

(1) the issuer’s ability to satisfy the specific numerical standards and qualitative factors set out in this Manual, and particularly in respect of the issuer’s directors, the management, and controlling shareholders;

(2) the issuer's financial position; and 

(3) the disclosures provided in the prospectus, offering memorandum or introductory document.

Amended on 29 October 2025.