Examples of GEM Listing Rules in a sentence
Save as disclosed above, Xx. Xxxx does not have any relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company (as defined in the GEM Listing Rules).
As at the Latest Practicable Date, the public float of the Company was approximately 4.04%, which is below the minimum public float requirement of 25% under Rule 11.23(7) of the GEM Listing Rules.
Save as disclosed above, Ir Xx. Xxxx does not have any relationship with any other Directors, senior management, substantial shareholders or controlling shareholders of the Company (as defined in the GEM Listing Rules).
In making repurchases, the Company may only apply funds legally available for such purposes in accordance with the Memorandum, the Articles of Association, the applicable laws of the Cayman Islands, the GEM Listing Rules and all other applicable laws, rules and regulations, as the case may be.
Among such restrictions, the GEM Listing Rules provide that the shares of such company must be fully paid up and all repurchase of shares by such company must be approved in advance by an ordinary resolution of shareholders, either by way of a general mandate or by specific approval of a particular transaction.