hkexguidanceletter：港交所的指导书

《hkexguidanceletter：港交所的指导书》由会员上传分享，免费在线阅读，更多相关内容在工程资料-天天文库。

1、HKExGUIDANCELETTERCiteasHKEx-GL5-08(July2008)(Withdrawn;SupersededbyGL22-10inOctober2010)SummaryListingRuleMainBoardListingRules8.05and18.03SubjectGuidanceontheinterpretationoftheexperiencerequirementofthedirectorsandmanagementoftheissuerunderMainBoardListingRule18.03andthecurrentst

2、andingofListingDecisionHKEx-LD9-3ContentsExtractsofaletterfromtheauthorisedsignatoryoftheStockExchangeofHongKongMay2008[NameandAddressofSponsorA]DearSirsRe:WaiverapplicationinrespectofMainBoardListingRules&05and18.03(the“ListingRules")Werefertoyourletterof[^day^month^year](theuLette

3、rM)seekingonbehalfoftheCompanyawaiverfromstrictcompliancewithRule8.05oftheListingRulesonthebasisthattheCompanyfallswithinRule18.03.TermsusedinthisletterhavethesamemeaningsasthosedefinedintheLetter,andthereferencetotherulesistotheMainBoardListingRules,unlessotherwisestated.Background

4、Youhaverepresented,amongotherthings,that:•TheCompanywasincorporatedin/*/in[month]2002.Itwaslistedonthe[*]StockExchangein[month]2003.•TheCompanyisinthebusinessofacquiringanddevelopingmineralexplorationpropertiesin•TheCompanyisalsoundertakingfurthercoalandmetalsexplorationactivitiesin

5、[*],forwhichithasobtainedanumberofmineralexplorationlicences.•[PortionofLetterPurposelyOmitted]•TheCompanywouldnotbeabletocomplywiththeprofit,revenueorcashflowtestsofRule8.05owingtothefactthatthroughoutthetrackrecordperiod,theCompanyhasbeeninapre-production,explorationand/ordevelopm

6、entphase.•TheCompanyhas:一atradingrecordofatleastthreeyears;一overthreeyearsofcontinuityinitskeymanagement,administrativeandoperationalpersonnel;一overfouryearsofcontinuityinownershipandcontrol;一amanagementteamwithsignificantexperienceintheminingandexplorationindustry.Twenty-oneofthetw

7、enty-twomembersoftheboardofdirectorsandseniormanagementoftheCompanyhaveatleastthreeyearsofexperienceinminingand/orexplorationactivities.RelevantListingRulesandinterpretationYouhavereferencedRules8.05B,18.02and18.03forthepurposesofyourwaiverrequestandrequestedthatweclarifywhetherorno

8、tListingDecisionHKE