Entire Section

  • Additional requirements for extreme transactions and reverse takeovers

    • 19.57A

      Where an extreme transaction or reverse takeover involves a series of transactions and/or arrangements: - 

      (1) the track record period of the acquisition targets normally covers the two financial years immediately prior to the issue of the circular or listing document for the latest proposed transaction of the series; and.
      (2) the listed issuer must provide sufficient information to the Exchange to demonstrate that the acquisition targets can meet the requirements under rule 11.12A (or rule 11.14) (see rule 19.06C(2) or 19.54).