Entire Section

  • Definitions and Interpretation

    • 2B.01A

      In this Chapter:

      (1) Where this Chapter provides a time limit for performing any act within a specified number of business days of receipt of the relevant document, the act is to be performed within the specified number of business days after, but not including, the date of receipt of the relevant document.
      (2) "Return Decision" means the Listing Division's decision to return a new applicant's listing application and all related documents to its sponsor (except for the retention of a copy of these documents for the Exchange's record) on the ground that the information in the listing application form, Application Proof, or any other related documents under rule 9.10A(1) is not substantially complete under rule 9.03(3). A Return Decision does not include a rejection decision under rule 2B.05(1)
      (3) "Review Request" means a written request by the relevant party for a review of the decision of the Listing Division, Listing Committee or the Listing Review Committee (as the case may be) under rules 2B.05, 2B.06, 2B.06A and 2B.16(7) which must be served on the Secretary of the Listing Committee or the Secretary of the Listing Review Committee (hereinafter referred to as the “Secretary”), as the case may be

    • 2B.02

      The Listing Committee may at any time conduct a hearing in relation to any matter relating to or arising out of the Listing Rules and it may require the attendance at such hearing of such persons and the production to such hearing of such documents as it deems appropriate. As provided in this Chapter, certain decisions of the Listing Division may be referred to the Listing Committee for review; and certain decisions of the Listing Committee may be referred to the Listing Review Committee for a further and final review.

    • 2B.02A

      This Chapter sets out the mechanism, procedures and related provisions for the review of non-disciplinary decisions by the Listing Committee and the Listing Review Committee.

    • 2B.03

      The Listing Committee and the Listing Review Committee may from time to time prescribe such procedures and regulations for any review hearings of the respective Committee as they may think fit, including procedures for appointing from time to time the Chairman for any review hearing, procedures governing members’ conflict of interest and the publication of decisions and reasons.

    • 2B.04

      (1) Notwithstanding rule 2B.03 and provisions in respect of Form A1, a listed issuer or new applicant shall submit to the Listing Committee, information for an application for listing pursuant to each Form A1 no more than two times subject always to:—
      (a) the Listing Committee to permit otherwise if it considers necessary; and
      (b) only one right of review by the listed issuer or new applicant against the latest decision made by the Listing Committee as at the date of the Review Request pursuant to rule 2B.08.
      (c) [Repealed 6 July 2019]
      (2) The Listing Committee shall only consider a revised application for listing if the listed issuer or the new applicant, as the case may be, provides new information for the consideration by the Listing Committee.
      (3) Subject to rule 2B.04(1), the listed issuer or the new applicant may if it considers necessary, submit a new listing application form again for the consideration by the Listing Committee.