Past version: Effective up to 28 Sep 2011
| Details | Cross References | Enquiries |
| Issue date: 21 June 2006 Effective date: 22 June 2006 | Listing Rule Chapter 2 Part XII | Please contact Issuer Regulation:— 6236-8872 Richard Teng 6236-8887 June Sim 6236-8264 Lorraine Chay 6236-8895 Siew Wun Mui 6236-8880 Tang Yeng Yuen 6236-8892 Ashley Seow |
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.