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 three 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 8.05 (or rule 8.05A or 8.05B) (see rule 14.06C(2) or 14.54).