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3. Annual Listing Fee

In addition to the initial listing fee, an annual listing fee payable to the Exchange in advance at the beginning of each financial year amounting to BD2,000 or the equivalent amount in another currency.

Taking into consideration the date of submission of application for listing in such a way that any application submitted in the first quarter of the financial year will be charged on a 100% basis; at 75% for the second quarter, 50% for the third quarter and 25% for the fourth quarter.