Note: the above table is set out for reference only, please refer to the Listing Rules or consult Veda Capital for further details.

When an acquisition or a series of acquisitions which, in the opinion of the Stock Exchange, constitutes, or is part of a transaction or arrangement which constitute, an attempt to achieve a listing of the assets to be acquired and a means to circumvent the requirements for new listings under the Listing Rules, the Stock Exchange will treat a company proposing a reverse takeover as if it were a new listing applicant, and the transaction must be made conditional upon approval by the shareholders of the company in general meeting.