Past version: Effective from 07 Oct 2015 to 02 Sep 2021
As soon as practicable before trading commences, or after the close of the offering, the following documents must be submitted: —
(1) Confirmation that all share certificates have been issued and despatched, if applicable;
(2) A copy of the return of allotment filed with the Registrar of Companies and Businesses or any competent authority, if applicable;
(3) Confirmation by the issue manager that Rule 210(1) or Rule 211(1), and Rule 240 have been complied with;
(4) Confirmation by the issue manager that, in its opinion, allocation and allotment of the securities has resulted in a distribution that is not expected to result in a disorderly market when trading begins in the applicant's securities; and
(5) Where the listing involves an issue of shares, the following information must be provided on allocation and allotment of the securities:—
(a) a list of the directors and substantial shareholders and their respective shareholdings;
(b) A declaration on the percentage of issued share capital held in public hands and the number of holders in the format set out below:—
Note:
Note:
| (i) Where the total offer size is less than $75 million based on the issue price, at least 40% of the invitation shares or $15 million whichever is lower, must be distributed to investors, each allocated and allotted not more than 0.8% of the invitation shares or $300,000 worth of shares whichever is lower:— | |||
| Holding Size | No of Holders | Total Holdings | Total Holdings as a % of Total Invitation |
| Regulated Portion Not more than 0.8% of total invitation shares or $300,000 worth of shares (whichever is lower) | |||
| Unregulated Portion Not more than 0.8% of total invitation shares or $300,000 worth of shares (whichever is lower) More than 0.8 % of total invitation shares or $300,000 worth of shares (whichever is lower) | |||
| Total: | | | |
Note:
1. The shareholdings of an applicant and his associates must be aggregated and treated as one single holder.
2. Preferential allotments made pursuant to Rule 234 come under the unregulated portion.
3. Distribution requirements are not applicable to offer size of $120 million or more.
| (ii) Where the total offer size based on the issue price is $75 million or more but less than $120 million, at least 20% of the invitation shares must be distributed to investors, each allocated and allotted not more than 0.4% of the invitation shares:— | |||
| Holding Size | No of Holders | Total Holdings | Total Holdings as a % of Total Invitation |
| Regulated portion Not more than 0.4% of total invitation shares | |||
| Unregulated Portion Not more than 0.4% of total invitation shares More than 0.4% of total invitation shares | |||
| Total: | | | |
Note:
1. The shareholdings of an applicant and his associates must be aggregated and treated as one single holder.
2. Preferential allotments made pursuant to Rule 234 come under the unregulated portion.
3. Distribution requirements are not applicable to offer size of $120 million or more.
(6) An undertaking from each of the applicant's (or where applicable REIT manager's or trustee manager's) directors and executive officers to comply with the Exchange's listing rules. The undertaking must be in the form set out in Appendix 7.7.
Amended on 7 October 20157 October 2015.