Versions

 

8.02B

Subject to rule 8.03, the circular issued under rule 8.02 must include:
 
(1)    for a property interest, the full text of valuation reports;
 
(2)    for an unlisted company whose assets consist solely or mainly of property:
 
  (a)    the full text of valuation reports of property interests that are required to be valued under rule 8.02 except where summary disclosure is allowed; and
 
  (b)    summary disclosure if the value of a property interest as determined by the valuer is less than 5% of the total property interests that are required to be valued under rule 8.02. See Appendix 19 for the summary form of disclosure. The Exchange may accept variation of the summary form of disclosure based on the issuer's circumstances. The valuer's report setting out the information required by these Rules must be published on the Exchange's website and the issuer's own website; and
 
    Note: The summary form of disclosure may be varied based on the issuer's circumstances. An issuer must include additional information necessary for investors to make an informed decision.
 
  (c)    an overview of property interests not covered by a valuation report, including their number and approximate size range, uses, how they are held and the general description of the area where they are located. The overview may include property interests voluntarily valued and disclosed separately in the circular;
 
(3)    for a company listed on the Exchange whose assets consist solely or mainly of property, an overview of property interests, including their number and approximate size range, uses, how they are held and the general description of the area where they are located; and
 
(4)    the general information in rule 8.36, if it applies.