Cash Companies


If a listed issuer's assets on a consolidated basis, consist of 70% or more of cash or short term investments, or a combination of both ("Cash Criterion"), is the listed issuer automatically considered a "Cash Company"?

No, it is not. The listed issuer must notify Bursa Securities immediately of the fact and Bursa Securities will determine as to whether the listed issuer should be considered a "Cash Company". Bursa Securities will notify the listed issuer of its determination.