(1) Where the issuer applies to be delisted or is delisted from the Exchange under Rules 604 or 605 and the issuer remains listed on Nasdaq or another exchange, the issuer must:

(a) at the issuer’s expense, make arrangements for transferring the issuer’s listed securities from CDP to the relevant depository for continued trading on Nasdaq or such other exchange; and

(b) promptly make an SGXNET announcement setting out the detailed procedures for transferring the issuer’s listed securities from CDP to the relevant depository for continued trading on Nasdaq or such other exchange, including:

(i) the specific process and timelines for the transition;

(ii) the procedural actions for shareholders, including exit options and implications to shareholders who do not transfer or sell their holdings by the specified deadline; and

(iii) the designated communication channels to coordinate with and assist shareholders with the process.

(2) The Exchange may impose additional conditions or requirements on the delisting as it considers it appropriate.