Timeline
Timeline for Listings
- Application to QSE to admit Shares submitted simultaneously with issue and listing application (1)40 Business Days (2)
Application to QFMA to Issue and List Shares (1)
- Variable
QFMA Approval
- 1 Week (at least) (3)
Announce Offering
- 2-6 Weeks (4)
Start of Subscription
- 1 Week (5)
End of Subscription
Allotment
- Completion of admission application at QSE1 Week (6)
Announcement of Allotment (within 2 days from completion).
QFMA review allotment results and send Listing approval to QSE within one week.
- QSE Approval to admit shares. Market notice issue regarding trading date.1 Week
Refunding
- Start of Trading
Legal References
(1) Article 39 Para A & D of QFMA Listing Rules
(2) Article 40 of QFMA Listing Rules
(3) Article 77 of Commercial Companies Law
(4) Article 8 of QFMA Listing Rules
(5) Article 9 Para A of QFMA Listing Rules
(6) Article 9 Para B of QFMA Listing Rules