Expected initial market capitalisation  |
|
|---|---|
| Rule: | IIA 3.10 |
| Date Requested: | Monday, June 4, 2012 |
| Requested By: | Companies Manager |
| Date Approved: | Friday, June 8, 2012 |
| Approved By: | Compliance Committee |
| Issuer: | MBK, TCB |
| Securities: | MBK, TCB |
| 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. The requirement for a minimum market capitalisation is waived for MBK and TCB |