Waiver details

Expected initial market capitalisation

Rule: IIA 3.10
Date Requested: Tuesday, December 13, 2011
Requested By: Companies Manager
Date Approved: Friday, December 16, 2011
Approved By: Compliance Committee
Issuer: MDH PJA RKC
Securities: MDH PJA RKC
Description of Rule:

A new applicant must have an expected initial market capitalisation for all the securities to be listed of at least $500,000

Waiver Requested:

That the requirement be waived for companies migrating from the BSX market of SIM Venture Securities Exchange

Effect of Waiver:

The requirement for a minimum market capitalisation is waived for companies migrating from SIM Venture Securities Exchange.