Listing Decisions
Whether NI 51-101 is an acceptable reporting standard under Rule 18.32
Whether Company A had adequate rights under the production sharing contracts which gave it sufficient influence in decisions over the exploration for and/or extraction of crude oil
(1) Whether disclosure of net present values attributable to Proved Reserves, Proved plus Probable Reserves, Proved plus Probable plus Possible Reserves and Contingent Resources both on a pre-tax and post-tax basis is acceptable under Main Board Rule 18.33(2); (2) Whether to grant a waiver of Main Board Rule 18.33(6) to allow Company A to disclose estimated values of Possible Reserves, Contingent Resources and Petroleum-Initially-In-Place
To provide guidance on why the Exchange returned certain listing applications
Whether Mr. X qualified to act as Company A’s secretary after the waiver period
Whether Mr. X qualified to act as Company A’s secretary
Whether the Exchange would grant a waiver such that Company A could defer the publication of the competent person’s report (CPR), valuation report (VR) and other disclosures as required under Rules 18.09(2), (3) and (4)
Whether the Target had the right to participate actively in the exploration for and/or extraction of natural resources
Whether the Target had a clear path to commercial production
Whether the Exchange would waive the requirement to produce a competent person’s report (CPR) on the mineral resources to be disposed of by Company A
Whether the Target had a portfolio of natural resources that was meaningful and of sufficient substance to justify a listing
Whether the Exchange would waive the requirements to produce competent person’s reports (CPR) and valuation reports on some of the mining interests held by the Target
Whether the Target had a portfolio of natural resources that was meaningful and of sufficient substance to justify a listing
Whether a waiver from Rule 18.04 should be granted to Company A in view of the lack of a clear path to commercial production
Whether the remaining group could meet the minimum market capitalisation requirement under HKEX Listing Rule 8.09(2).
Whether the remaining group could meet the minimum market capitalisation requirement under HKEX Listing Rule 8.09(2).
To provide guidance on the HKEX rejected certain listing applications. Please see listing decisions in respect of the Malaysian mining company whose listing application was rejected for lack of commercial rationale.
Whether Company A (excluding its interest in the Newco) could meet the new listing requirements of Chapter 8 of the HKEX Listing Rules.
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