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Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions

Regulatory
31 Oct 2003

Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions
(As at 31 October 2003)

Main Board GEM Total
Active applications (as at 31 October 2003)
1.  Under processing (based on listing application form submitted) 22 42 64
2.  Approval in principle granted by the Listing Committee but not yet listed 4 7 11
Sub-total 26 49 75
Inactive applications (Since 1 January 2003)
1. Lapsed
    a.  Approval in principle granted by the Listing Committee but not yet listed 5 8 13
     b. Others 14 40 54
2.  Rejected 1 4 5
3.  Withdrawn 5 2 7
Sub-total 25 54 79
No. of newly listed companies (Since 1 January 2003) 38 19 57

Other Information (As at 31 October 2003)

Main Board GEM Total
(a)Number of companies delisted from the Stock Exchange since 1 January 2003 6 1* 7
(b) Number of companies at the third stage of delisting. 7 0 7
(c) Number of companies in suspension more than 10 business days. 31 11 42

* This figure does not include the number of companies delisted from GEM and listed on the Main Board.

This progress report is updated on the last trading day of each month.

Updated 31 Oct 2003