#listing rules

[rwatimes]

US SEC seeks comment on NYSE Arca proposal for 85% eligible-asset rule in crypto ETF listings

The SEC is seeking public comment on an NYSE Arca proposal requiring 85% of a commodity-based crypto trust’s assets to meet existing listing rules.

➤ The SEC is seeking public comment on a NYSE Arca proposal that mandates at least 85% of a crypto commodity trust's assets must meet existing listing rules. ➤ This proposal aims to allow for broader product design while ensuring the majority of exposure adheres to surveillance-linked eligibility criteria, excluding non-fungible assets and collectibles. ➤ The move signifies a broader regulatory shift by the SEC towards standardized frameworks for crypto products, moving away from one-off approvals.

[likethatlaw]

SGX reprimands Sunvic

Sunvic, an S-chip issuer, is in trouble for not disclosing interested person transactions worth RMB 1.6 billion which made up a (whopping) 30% of its net tangible assets in 2015. No shareholder approval or ratification was obtained either.

BT Article

SGX reprimand

Sunvic’s current board of directors:

Sun Xiao (ED and CEO)

Yang Guoqiang (ED)

Zhu Wuling (ED)

Siow Chee Keong (Lead ID) Management consultant with JF Virtus

Raymond Ong Sie Hou (ID) Director at CTLC Law Corporation

Yap Chee Wee (ID) Founder of Fleur Capital, fund management company

[charltonsnaturalresources]

Pursuant to Listing Rule 18.09, a mineral company proposing to acquire or dispose of assets which are solely or mainly mineral or petroleum assets as part of a relevant notifiable transaction must comply with the provisions of the Listing Rules relating to notifiable transactions and connected transactions, and is expected to make an announcement in relation to proposed transaction.

[charltonsnaturalresources]

Pursuant to Listing Rule 18.09, a mineral company proposing to acquire or dispose of assets which are solely or mainly mineral or petroleum assets as part of a relevant notifiable transaction must comply with the provisions of the Listing Rules relating to notifiable transactions and connected transactions, and is expected to make an announcement in relation to proposed transaction. - Charltons Natural Resources - Google+

[charltonsnaturalresources]

Pursuant to Listing Rule 18.09, a mineral company proposing to acquire or dispose of assets which are solely or mainly mineral or petroleum assets as part of a relevant notifiable transaction must comply with the provisions of the Listing Rules relating to notifiable transactions and connected transactions, and is expected to make an announcement in relation to proposed transaction.

[charltonsnaturalresources]

Listed mineral companies are bound by the various provisions of the Listing Rules which impose an obligation on issuers to publish announcements in a wide range of situations. Issuers are required to publish announcements electronically on the Exchange’s website through its e-submission system and on their own websites. Listed mineral companies are additionally bound by the provisions of Chapter 18 of the Listing Rules.… - Charltons Natural Resources - Google+

[charltonsnaturalresources]

Listed mineral companies are bound by the various provisions of the Listing Rules which impose an obligation on issuers to publish announcements in a wide range of situations. Issuers are required to publish announcements electronically on the Exchange’s website through its e-submission system and on their own websites. Listed mineral companies are additionally bound by the provisions of Chapter 18 of the Listing Rules.