Reasons for SC Non-Approval of IPO Applications 2013 (For Q4 2013)

Applicant Reason(s) for Non-Approval
Main Market (MM)
1. Company 4/13/MM The disclosures on the purchase consideration for the pre-initial public offering (IPO) reorganisation and the basis of arriving at the IPO price were insufficient to enable investors to have a clear understanding and make an informed investment decision on investing in the shares offered in the IPO.