Rule Numbers (Main Board) - Appendix 1
Part A - Paragraph 27A
- Whether a listing applicant migrating from the GEM Board to the Main Board should be required to discharge existing shareholders loans on or before its date of listing in full in order to demonstrate its financial independence [LD42-1] [December 2004]
- Whether Company A's reliance on the Parent Group for certain sales and procurement functions upon the deemed listing rendered Company A unsuitable for listing [LD46-1] [July 2005]
- Whether Company A's reliance on its Parent for the editorial content of certain publication materials upon which Company A relied for its advertising business rendered Company A not suitable for listing [LD46-2] [July 2005]
- Whether existing financial assistance granted by the controlling shareholder in the form of counter-guarantees under foreign currency denominated equipment lease agreements in favour of Company A should be permitted to continue after listing [LD48-1] [December 2005]
- Whether Company A's reliance on its parent for certain aspects of its operations rendered Company A not suitable for listing [LD51-1] [March 2006]
- Whether the respective businesses of the Group and the Parentco Group were adequately delineated and whether the disclosure made in the prospectus regarding the Parentco Group's engagement in businesses that competed or were likely to compete with the business of the Group was adequate [LD51-2] [March 2006]
- Whether Company A was so dependent on Parentco as to be not suitable for listing given that (1) the executive directors of Company A overlapped with some of the directors of Parentco; (2) Company A and the Parentco Group were in the same industry sector; and (3) common customers were identified [LD51-3] [March 2006]
- Whether Company A could meet the requirements of independence from its parent company as contemplated under Paragraph 27A of Part A of Appendix 1 of the Listing Rules in light of the overlapping of directorships between Company A and its parent group [LD52-2] [March 2006]
Part A - Paragraph 34(2)
- IPO prospectus - disclaimer by reporting accountants in relation to profit forecast [LD35-2] [July 2003]