Amendments to the Exchange Listing Rules Practice Note 15

The SEHK announced on 5 September 2000 that it has amended the requirements of Practice Note 15 to the Exchange Listing Rules with regard to the remaining business of listed issuers after spin-off of assets or businesses. A new provision has been introduced in Practice Note 15 so that the SEHK may grant a waiver to a listed issuer from strict compliance with the minimum profit requirement of Rule 8.05 of the Exchange Listing Rules in respect of its remaining business after the spin-off, provided certain criteria can be satisfied.