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Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions (As at 31 December 2007 )

Market Operations
31 Dec 2007

Report on Initial Public Offering Applications, Delisting Proceedings and Suspensions
(As at 31 December 2007)

  Main Board GEM Total
New Applications Accepted(1)   

a.       December 2007
14 2 16
b.       2007 Year-to-date

119 6 125
Approvals in principle granted by the Listing Committee

a.       December 2007
1 0 1
b.       2007 Year-to-date

100 3 103
Active applications(1)  (as at 31 December 2007)

1.   Under processing (based on listing application form
      accepted):
      a.     New applications accepted since 1 January 2007     39 3 42
      b.     Others 0
__________
0
__________
0
________
      c.      Sub-total 39 3 42
  2.   Approval in principle granted by the Listing Committee
      but not yet listed
      a.     Approvals granted since 1 January 2007       9 0 9
      b.     Others 0 0 0
Total 48 3 51

 

  Main Board GEM Total
Inactive applications (2) (since 1 January 2007)

1.    Lapsed

       a.    Approval in principle granted by the Listing Committee
              but not listed prior to application lapsed
14 0 14
       b.    Others 15 1 16
2.    Rejected 0 0 0
3.    Withdrawn 3
__________
0
__________
3
________
Sub-total 32 1 33
4.    Renewals(3) (20) (0) (20)
Total 12 1 13

No. of newly listed companies (4) (since 1 January 2007)

82

2

84
(1) Includes application(s) for migration from GEM to the Main Board, deemed new applicant(s) under Main Board Listing Rule 8.21C, very substantial acquisition(s) treated as reverse takeover(s) under GEM Listing Rule 19.06(6), and application(s) by investment vehicle(s) under Chapter 20 of the Listing Rules.
(2) Includes any application (or renewal) not approved, rejected or withdrawn within six months.
(3) Includes all applications accepted within three months following a lapsed, rejected or withdrawn application by the same applicant.
(4) Includes four companies that withdrew their listings on GEM and subsequently listed on the Main Board but excludes 11 investment vehicles listed under Chapter 20 of the Listing Rules and one very substantial acquisition treated as a reverse takeover under GEM Listing Rule 19.06(6).

 

Other Information
(As at 31 December 2007)

Main Board GEM Total
(a) Number of delisted companies (since 1 January 2007) 9* 7# 16
(b) i) Number of Main Board companies at the third stage of delisting (as at 31 December 2007) 11 N/A 11
ii) Number of GEM companies that has been served a notice of intention of cancellation of listing (as at 31 December 2007) N/A 6 6
(c) Number of companies in suspension for three months or more (as at 31 December 2007) 30 15 45
(d) Number of listed companies (as at 31 December 2007) 1,048 193 1,241
* Including three companies that withdrew their listings pursuant to a privatisation and three companies that withdrew their listings pursuant to a compulsory acquisition and one company that voluntarily withdrew its listing.
# Including four companies that withdrew their listings on GEM and subsequently listed on the Main Board.   

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

Updated 31 Dec 2007