Catalist Rules definition
Examples of Catalist Rules in a sentence
The Company will make the necessary announcements as and when there are further material developments on the Proposed Transactions, in compliance with the Catalist Rules.
Pursuant to Rule 909(2) of the Catalist Rules, in the case of a joint venture, the value of the transaction includes the equity participation, shareholders’ loans and guarantees to be given by the entity at risk.
Pursuant to Rule 909(1) of the Catalist Rules, in the case of a partly-owned subsidiary or associated company, the value of the transaction is an issuer’s effective interest in that transaction.
As trading of shares of the Company is currently suspended and the Lender's right to subscribe for the Subscription Shares does not take effect until resumption of trading of the Company's shares, for purposes of Rule 811(1) of the Catalist Rules, the Company is unable to determine if Rule 811(1) of the Catalist Rules is applicable.
Accordingly, HCCM will become an associated company (as defined in the Singapore Exchange Securities Trading Limited Listing Manual Section B: Rules of Catalist (the "Catalist Rules")) of the Company.
The Company intends to move quickly to facilitate the entry into a sale and purchase agreement pertaining to such mergers and acquisition(s) and is likely to apply for an extension pursuant to Rule 1017(2) of the Catalist Rules.
In view of the foregoing, shareholders' approval for the Shareholder's Loan is not required under the Catalist Rules.
Pursuant to Catalist Rule 905 of the Catalist Rules, an issuer must make an immediate announcement of any interested person transaction of a value equal to, or more than, 3% of the group's latest audited net tangible assets.
The Company will make the necessary announcements, in compliance with the requirements of the Catalist Rules, as and when there are further developments in respect of the Proposed Sale.
In accordance with Chapter 10 of the Catalist Rules, the Proposed Acquisition will be subject to, amongst others, the approval of the shareholders of the Company (the “Shareholders”) at an extraordinary general meeting of the Shareholders (the “EGM”) to be convened pursuant to Rule 1015 of the Catalist Rules.