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  • Listings

    • OFS-7.1.6

      Where the securities are to be listed on a licensed exchange, this must be disclosed in the offer and must provide the following information:

      (a) Location and name of the exchange;
      (b) Listing agent, if any;
      (c) Planned listing timeline;
      (d) The percentage of the total issued and outstanding securities to be made available for public subscription and trading on a licensed exchange;
      (e) Any market making or price stabilisation arrangements;
      (f) Any anticipated buy back agreement or related intention of the issuer;
      (g) Any lock up period of major or other class of securities holders;
      (h) The necessary clearing, settlement, central depository and securities transfer ownership arrangements; and
      (i) Any intention or agreement for a secondary (cross) listing.
      January 2014

    • OFS-7.1.7

      Where the offering document states that the offer will be listed on issue, the CBB may prevent allotment from taking place where the issuer has not obtained the authority to list from the licensed exchange at the time of issue, and order that the issuer refund any monies paid by subscribers in respect of such issue.

      January 2014

    • OFS-7.1.8

      The issuer, lead manager and/or any other appointed advisor must ensure that the requisite listing agreement is signed within a maximum of 10 calendar days from the closing date of the offering period, and that the date for commencement of trading on a licensed exchange is within a maximum of 15 calendar days from the closing date of the offering period. Immediately upon the signing of the listing agreement with the licensed exchange, the lead manager must notify the CBB confirming the signing of the listing agreement and inform the CBB of the date for the commencement of trading.

      Added: October 2017

    • OFS-7.1.9

      As the listing authority under Article 86 of the CBB Law, the CBB shall retain the right to determine and decide on the final date of listing and/or date of commencement of trading of securities on a licensed exchange.

      Added: October 2017