Applicants' Qualifications for Listing
An issuer must be a company whose equity securities are listed on GEM or will be listed on GEM before any debt securities are listed.
If an issuer does not meet the eligibility criteria above it is eligible for a listing of guaranteed debt securities if:
(a) it is a body corporate that is validly incorporated or established; and
(b) it is wholly owned by a body corporate that meets the eligibility criteria above; and
(c) its owner guarantees its obligations; and
(d) it and its owner agree to comply with the GEM Listing Rules.