But why go to all the expense? Unless you can't get funding elsewhere. Got to do a lot of work to getthe listing:
"GEM requires a listing applicant to disclose in detail its past business history and its future business plans which are key components of the listing documents. After listing, a GEM issuer is required to make half yearly comparison of its business progress with the business plan for the first 2 financial years ......"
That second sentence might be why they haven't listed before. It would be too embarrassing.
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Ann: Annual Report to Shareholders, page-13
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