OFS-2.3.3
The
(a) The issuer is a duly incorporated entity under the laws of the Kingdom of Bahrain, or in case of an overseas issuer , under the laws of its place of incorporation;
(b) The issuer operates in conformity with its Memorandum and Articles of Association or equivalent constitutional documents;
(c) The securities are freely transferable and free from any encumbrances;
(d) The offered securities are to be listed on a licensed exchange in the Kingdom of Bahrain, and there are adequate assurances between the issuer and the licensed exchange that they will be admitted to such a platform;
(e) The necessary custodial and/or central depository arrangements have been made including the deposit of securities with an entity eligible to provide depository services under Article 94 of the CBB Law;
(f) The necessary clearing and settlement arrangements have been made that give effect to Article 108 of the CBB Law;
(g) The issuer has made the appointment of the eligible advisors, as per this Module including the appointment of a listing agent to liaise with the licensed exchange and the CBB where the CBB deems necessary; and
(h) The issuer meets such other requirement as determined by the CBB from time to time.
Amended: October 2017
January 2014
January 2014