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Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions (As at 30 January 2004)

Regulatory
30 Jan 2004

Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions
(As at 30 January 2004)

Active applications (as at 30 January 2004) Main Board GEM Total
1.  Under processing (based on listing application form accepted):
     a.  New applications accepted since 1 January 2004 3 1 4
     b.  Others 14 26 40
Sub-total 17 27 44
2.  Approval in principle granted by the Listing Committee but not yet listed
     a.  Approvals granted since 1 January 2004 3 2 5
     b.  Others 1 1 2
Total 21 30 51

Inactive applications (since 1 January 2004) Main Board GEM Total
1.  Lapsed*
     a.  Approval in principle granted by the Listing Committee but not yet listed 0 1 1
     b.  Others 2 5 7
2.  Rejected 0 1 1
3.  Withdrawn 0 0 0
Sub-total 2 7 9
4.  Renewals** 1 2 3
Total 1 5 6
No. of newly listed companies (since 1 January 2004) 2*** 2 4

*Includes any application (or renewal) not approved, rejected or withdrawn within six months.

** Includes all applications accepted within three months following a lapsed, rejected or withdrawn application by the same applicant.

*** Includes one company that withdrew its listing on GEM and subsequently listed on the Main Board.

Other Information (As at 30 January 2004)

Main Board GEM Total
(a) Number of delisted companies (since 1 January 2004) 2 1# 3
(b) Number of companies at the third stage of delisting (as at 30 January 2004) 4 N/A 4
(c) Number of companies in suspension for more than 10 business days
     (as at 30 January 2004)
31 14 45
(d) Number of listed companies (as at 30 January 2004) 852 188 1,040

Updated 30 Jan 2004