Report on Initial Public Offering Applications, Delisting and Suspensions (As at 30 April 2010)
Market Operations
30 Apr 2010
Report on Initial Public Offering Applications, Delisting and Suspensions
(As at 30 April 2010)
|
Main Board
|
GEM
|
Total
|
New Applications Accepted
|
|
|
|
|
a. |
April 2010 |
|
|
|
|
|
(i) |
Application(s) made by companies pursuant to Chapter 8 of the Main Board Listing Rules/ Chapter 11 of the GEM Listing Rules
|
15 |
4 |
19 |
|
|
(ii) |
Application(s) made by investment vehicle(s) pursuant to Chapters 20 and 21 of the Main Board Listing Rules
|
1 |
N/A |
1 |
|
|
(iii) |
Application(s) for transfer of listing from GEM to Main Board
|
1 |
N/A |
1 |
|
|
(iv) |
Deemed new applicant(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6)
|
0
__________ |
0
__________ |
0
________ |
|
Sub-total |
17 |
4 |
21 |
|
b. |
2010 Year-to-date |
|
|
|
|
|
(i) |
Application(s) made by companies pursuant to Chapter 8 of the Main Board Listing Rules/ Chapter 11 of the GEM Listing Rules
|
45 |
7 |
52 |
|
|
(ii) |
Application(s) made by investment vehicle(s) pursuant to Chapters 20 and 21 of the Main Board Listing Rules
|
19 |
N/A |
19 |
|
|
(iii) |
Application(s) for transfer of listing from GEM to Main Board
|
4 |
N/A |
4 |
|
|
(iv) |
Deemed new applicant(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6) |
0
__________ |
1
__________ |
1
________ |
|
Sub-total |
68 |
8 |
76 |
Approvals in principle granted(1)
|
|
|
|
a. |
April 2010
|
13 |
0 |
13 |
|
b. |
2010 Year-to-date |
44 |
0 |
44 |
Active applications(1) (as at 30 April 2010)
|
|
|
|
1. |
Under processing (based on listing application form accepted):
|
|
|
|
|
a. |
New applications accepted since 1 January 2010
|
39 |
8 |
47 |
|
b. |
Others |
7
__________ |
2
__________ |
9
________ |
|
|
Sub-total |
46 |
10 |
56 |
2. |
Approval in principle granted
|
|
|
|
|
a. |
Approvals granted since 1 January 2010
|
15 |
0 |
15 |
|
b. |
Others |
1
__________ |
0
__________ |
1
________ |
Total |
62 |
10 |
72 |
Inactive applications
(2)
(since 1 January 2010)
|
|
|
|
1. |
Lapsed
|
|
|
|
|
a. |
Approval in principle granted but not listed prior to application lapsed
|
8 |
0 |
8 |
|
b. |
Others
|
4 |
2 |
6 |
2. |
Rejected
|
2 |
0 |
2 |
3. |
Withdrawn |
2
__________ |
0
__________ |
2
________ |
|
Sub-total |
16 |
2 |
18 |
4. |
Renewals(3) |
(5)
__________ |
(1)
__________ |
(6)
________ |
Total |
11 |
1 |
12 |
No. of new listings(since 1 January 2010)
|
|
|
|
|
|
(i) |
Companies listed pursuant to Chapter 8 of the Main Board Listing Rules/Chapter 11 of the GEM Listing Rules
|
16 |
0 |
16 |
|
|
(ii) |
Investment vehicle(s) listed pursuant to Chapters 20 and 21 of the Main Board Listing Rules
|
19 |
N/A |
19 |
|
|
(iii) |
Transfer of listing from GEM to Main Board
|
0 |
N/A |
0 |
|
|
(iv) |
Deemed new listing(s) pursuant to Main Board Listing Rule 8.21C or Main Board Listing Rule 14.84, and very substantial acquisition(s) treated as reverse takeover(s) pursuant to Main Board Listing Rule 14.06(6)/GEM Listing Rule 19.06(6) |
0
__________ |
0
__________ |
0
________ |
|
|
Total |
35 |
0 |
35 |
First Comment Letters Issued
(4)
|
|
|
a. |
April 2010
|
26 |
|
b. |
Average number of days taken between the date of application and the date of issue of related first comment letter(5) |
21 |
|
|
|
|
Guidance issued to potential new listing applicants or their advisers on matters relating to the Listing Rules
|
|
|
a. |
April 2010
|
6 |
|
b. |
Average number of days taken between the date of request for guidance and the date of issue of written response(5) |
7
|
Delisting and Suspension Information
(As at 30 April 2010)
|
Main
Board
|
GEM
|
Total
|
(a) |
Number of delisted companies (since 1 January 2010)
|
|
|
|
|
a. |
Withdrawal of listing pursuant to privatisation
|
0 |
0 |
0 |
|
b. |
Transfer of listing from GEM to Main Board
|
N/A |
0 |
0 |
|
c. |
Cancellation of listing pursuant to delisting procedures under the Listing Rules
|
0
|
0
|
0
|
|
d. |
Voluntary withdrawal of listing |
1
__________ |
0
__________ |
1
__________ |
Total |
1 |
0 |
1 |
(b) |
Number of companies in suspension for three months or more (as at 30 April 2010) |
|
|
|
|
a. |
Companies not in delisting procedures
|
9 |
10 |
19 |
|
b. |
a) |
Main Board companies in delisting procedures: |
|
|
|
|
|
|
|
|
|
|
|
|
|
- first stage of delisting(6)
|
8 |
N/A |
8 |
|
|
|
- second stage of delisting(7)
|
5 |
N/A |
5 |
|
|
|
- third stage of delisting(7)
|
5 |
N/A |
5 |
|
|
b) |
Main Board companies served with a notice of intention of cancellation of listing under Main Board Listing Rule 6.10
|
0 |
N/A |
0 |
|
c. |
GEM companies given 6 months' notice for delisting
|
N/A |
2 |
2 |
|
d. |
Delisting approved by the Listing Committee
|
1* |
0 |
1* |
|
e. |
Resumption proposal approved in principle by the Exchange subject to fulfillment of conditions |
2
__________ |
1
__________ |
3
__________ |
Total |
30 |
13 |
43 |
Other Information
(As at 30 April 2010)
|
Main
Board
|
GEM
|
Total
|
(c) |
Number of listed companies (as at 30 April 2010) |
1,160 |
174 |
1,334 |
This report is updated on the last trading day of each month.