1989 Ed.] Securities (Stock Exchange Listing) Rules
[CAP. 333
C3
[Subsidiary]
"listing agreement" means an agreement between the Exchange Company and an issuer setting out the obligations which the issuer undertakes to comply with as a condition for listing the issuer's securities on the Unified Exchange; "subsidiary" means any company which is a subsidiary within the meaning of section 2 of the Companies Ordinance (Cap. 32);
"substantial shareholder", in relation to a company, means a person entitled to exercise, or control the exercise of, 10% or more of the voting power at any general meeting of the company;
"working days" are any days which are not general holidays or gale warning days as defined for the purposes of section 71 of the Interpretation and General Clauses Ordinance (Cap. 1).
3.
PART II
STOCK EXCHANGE LISTING
Requirements in respect of applications for listing
An application made by a company to the Exchange Company for the listing of any securities issued or to be issued by that applicant shall comply with the rules and requirements of the Exchange Company (except to the extent that compliance is waived or not required by the Exchange Company) and any provision of law applicable and shall contain such particulars and information which, according to the particular nature of the applicant and the securities for the listing of which application is being made, is necessary to enable an investor to make an informed assessment of the activities, assets and liabilities and financial position, of the applicant at the time of the application and its profits and losses and of the rights attaching to such securities and such application shall also-
(a) state the name of the applicant;
(b) give particulars of the numbers, classes and denominations of the securities which are the subject of the application;
(c) give particulars of the proposed manner of issue of the securities, whether by offer for sale, public subscription, private placing, introduction or otherwise;
(d) state, in so far as is known, or may be ascertained after reasonable enquiry, by the directors of the applicant, the name and address of any person who at the time of the application is a substantial shareholder of the applicant or of another company of which it is a subsidiary, and the extent of his shareholding in the applicant or that other company;
(e) give particulars of the qualifications and experience of the directors and chief executive of the applicant;