Status Report on Delisting Proceedings and Suspensions
|
(a) Number of delisted companies (since 1 January 2008) |
8* |
21# |
29 |
|
(b) i) Number of Main Board companies at the second stage of delisting (as at 31 December 2008)(1) |
3 |
N/A |
3 |
|
ii) Number of Main Board companies at the third stage of delisting (as at 31 December 2008)(1) |
6 |
N/A |
6 |
|
(c) Number of Main Board and GEM companies that has been served a notice of intention of |
1 |
2 |
3 |
| cancellation of listing (as at 31 December 2008)(2) |
|
|
|
|
(d) Number of companies in suspension for three months or more (as at 31 December 2008) |
32 |
8 |
40 |
| (e) Number of listed companies (as at 31 December 2008) |
1,087 |
174 |
1,261 |
| Including two companies that withdrew their listings pursuant to a privatisation, a company that withdrew its listings pursuant to a merger with another listed company and three companies that withdrew their listings pursuant to a compulsory acquisition. |
| Including eighteen companies that withdrew their listing on GEM and subsequently listed on the Main Board. |
| The delisting procedures for the Main Board and GEM are different. Long-suspended Main Board companies having problems with sufficient operations or assets are placed in the second and third stages of delisting under Practice Note 17 to the Main Board Listing Rules. There is no Practice Note in relation to the delisting of GEM companies. |
| The Main Board company is given notice of the Stock Exchange's intention to cancel its listing under Main Board Listing Rule 6.10. The GEM companies are given notice of the Stock Exchange's intention to cancel their listings under the ambit of GEM Listing Rules 9.14 to 9.18. |
This report is updated on the last trading day of each month.