Past version: effective up to 29/09/2019
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The Exchange will treat a listed issuer proposing a reverse takeover as if it were a new listing applicant. The enlarged group or the assets to be acquired must be able to meet the requirements of rule 11.12A and the enlarged group must be able to meet all the other basic conditions set out in Chapter 11. The listed issuer must comply with the requirements for all transactions set out in rules 19.34 to 19.37.