General

9.01

Does the Main LR impose an obligation on listed issuers to make an announcement on internal management targets, prospects, revenue and profit estimate, forecast and projection?

The Main LR does not impose an obligation on listed issuers to announce its internal management targets, prospects, revenue and profit estimate, forecast and projection.

The Main LR merely prescribes additional disclosure obligations which have to be complied with by listed issuers who choose to announce its internal management targets or have previously announced/disclosed its prospects, revenue or profit estimate, forecast or projection in a public document in the following respect:

that the announcement on the listed issuer’s internal management targets must explain the nature of the internal targets in accordance with paragraph 9.16(1)(f) of the Main LR; and

immediate and periodic disclosures must comply with paragraph 9.19(36) of the Main LR and Notes 3(b) and 4 of Appendix 9B of the Main LR.