318
The issuer or guarantor must meet the criteria for exemption under the Securities and Futures (Offers of Investments) (Exemption for Offers of Post-Seasoning Debentures) Regulations 2016. For avoidance of doubt, the material date to measure the "look-back" periods under the criteria for exemption will be based on, as the case may be, the instances prescribed in Rule 319.
Added on 19 May 201619 May 2016.
319
The issuer or guarantor must comply with the criteria referred to in Rule 318 at the following times, as applicable:
(1) at the time of application for the listing of the initial issuance of debt securities on the Exchange;
(2) at the time of application for confirmation that the debt securities are eligible for trading by non-specified investors; and
(3) at the time of application to list additional debt securities for offer to non-specified investors through a re-tap.
Added on 19 May 201619 May 2016.