Regulatory Framework and Rules
Listing Decisions
Category by Topics or Rule Numbers

Rule Numbers (Main Board) - Chapter 10

Rule 10.03

- Whether Shareholder X could purchase shares pursuant to an anti-dilution provision where it was also a connected client of one of the distributors of the shares in the initial public offering of Company A [LD44-2] [First Quarter 2005]

 

Rule 10.04

- Whether Shareholder X could purchase shares pursuant to an anti-dilution provision where it was also a connected client of one of the distributors of the shares in the initial public offering of Company A [LD44-2] [First Quarter 2005]

 

Rule 10.06

- On-market share repurchase - whether notifiable transaction [LD29-1] [September 2001]

 

Rule 10.06(2)(a)

- Waiver from the 25% monthly share repurchase restriction [LD1-3] [May 1999]

 

Rule 10.06(2)(e)

- Application by Company A for a wavier to purchase its shares within one month prior to the preliminary announcement of its annual results [LD15-2 [July 2000]

 

Rule 10.07

- Whether Company A could issue further shares within six months of its listing on the Main Board [LD41-3] [November 2004]

- Whether the issue of shares in Company A upon conversion of convertible notes issued by Company A prior to listing on the Exchange should be regarded as a deemed disposal of interest prohibited under Listing Rules 10.07 and 10.08, where such conversion would occur upon or shortly after listing and at a price identical to the IPO price [LD47-4] [July 2005]

 

Rule 10.07(1)

- Placing within six months of listing [LD1-2] [May 1999]

- Pre-IPO placing-whether shares subject to lock-up and counted as part of public float (Main Board) [LD36-1] [ October 2003]

 

Rule 10.07(1)(a)

- Agreement within 6 months of listing for issue of shares outside of 6-month period [LD28-3] [August 2001]

- Whether, in a case where an asset injection transaction caused Company A to be deemed a new listing applicant, the minimum public float requirement under Listing Rule 8.08 could be satisfied by the placing of existing and/or new Shares of Company A prior to the completion of the asset injection transaction [LD44-1] [First Quarter 2005]

- Whether the shares of Company A issued to a pre-IPO investor should be subject to a compulsory lock-up and be counted towards part of the public float where (a) the shares were converted shortly before listing...; and (b) the effective subscription cost of the shares was at a deep discount to the proposed offer price of the shares [LD52-4] [March 2006]

 

Rule 10.08

- Whether Company A could issue further shares within six months of its listing on the Main Board [LD41-3] [November 2004]

- Whether the issue of shares in Company A upon conversion of convertible notes issued by Company A prior to listing on the Exchange should be regarded as a deemed disposal of interest prohibited under Listing Rules 10.07 and 10.08, where such conversion would occur upon or shortly after listing and at a price identical to the IPO price [LD47-4] [July 2005]