What is included in the application for listing of shares by a company making public offering of shares in Vietnam? What is the latest application form for listing of shares in Vietnam?
What is included in the application for listing of shares by a company making public offering of shares in Vietnam?
According to the provisions of Article 110 of Decree No. 155/2020/ND-CP as follows:
- The application for listing of shares by a company making public offering of shares or an equitized enterprise shall include:
(1) The application form No. 28 in the Appendix of Decree No. 155/2020/ND-CP;
(2) The prospectus form No. 29 in the Appendix of Decree No. 155/2020/ND-CP; the offering registration certificate issued by SSC, the report on result of public securities offering prepared by the applicant (or the decision issued by a competent authority to approve the equitization scheme if the applicant is an equitized enterprise); the decision of the GMS to approve the listing of shares;
(3) The shareholder register of the applying organization which is prepared within 01 month before the application is submitted; enclosed with the list of major shareholders, strategic shareholders, internal actors and their related persons (quantity, holding, transfer restriction time (if any));
(4) Commitment of the shareholders that are individuals, organizations represented by President of the Board of Directors, members of the Board of Directors, Chief Controller, Controllers, General Director/Director, Deputy Director/Deputy General Director, chief accountant, Financial Director and people holding equivalent managerial positions to keep holding 100% of the shares they are holding for 06 months from the first trading date of on the Stock Exchange and 50% of these shares for the next 06 months;
(5) The listing advisory service contract, unless the applying organization is a securities company;
(6) The certificate issued by VSDCC that the shares of the applying organization have been collectively registered;
(7) The Certificate of Enterprise Registration, establishment and operation license or an equivalent document;
(8) The financial statements of the last 02 years before the application year as prescribed in Clause 1 Article 107 of Decree No. 155/2020/ND-CP.
What is included in the application for listing of shares by a company making public offering of shares in Vietnam? What is the latest application form for listing of shares in Vietnam?
What is the latest application form for listing of shares in Vietnam?
The application form for listing of shares, made according to Form No. 28 of the Appendix issued together with Decree No. 155/2020/ND-CP:
Download the application form for listing of shares in Vietnam: Here.
What are the procedures for listing registration?
According to the provisions of Article 111 of Decree No. 155/2020/ND-CP as follows:
Procedures for listing registration
1. Within 30 working days from the receipt of the satisfactory application, the Stock Exchange shall issue a decision to approve the listing, or issue a written rejection and provide explanation.
2. Within 90 days from the day on which listing is approved, the applying organization shall put its securities into trading.
Thus, within 30 working days from the receipt of the satisfactory application, the Stock Exchange shall issue a decision to approve the listing, or issue a written rejection and provide explanation.
Within 90 days from the day on which listing is approved, the applying organization shall put its securities into trading.
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