LR 6.9 Constitutional arrangements
1An applicant must have in place a constitution that allows it to comply with the listing rules, in particular:
- (1)
LR 9.2.21R to vote on matters relevant to premium listing; and
- (2)
for an applicant with a controlling shareholder, LR 9.2.2ER and LR 9.2.2FR concerning the election and re-election of independent directors.
Pre-emption rights
1If the law of the country of its incorporation does not confer on shareholders rights which are at least equivalent to LR 9.3.11R, an overseas company applying for a premium listing must:
- (1)
ensure its constitution provides for rights which are at least equivalent to the rights provided in LR 9.3.11R (as qualified by LR 9.3.12R); and
- (2)
be satisfied that conferring such rights would not be incompatible with the law of the country of its incorporation.