Recently, it comes to our notice that certain investors subscribe for multiple IPO applications through more than one accounts opened with different securities firms. Such multiple applications are prohibited under the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong (please refer to Listing Regulations-Rules and Guidance-PN18 Initial Public Offer of Securities for details). We, Taiping Securities (HK) Co Limited (hereinafter as “Taiping Securities”), will take reasonable steps to identify and reject the multiple applications or suspected multiple applications made by the Customer. If any Customer subscribes for an IPO application through Taiping Securities, Customer shall warrant and undertake that any IPO application made through Taiping Securities shall be the only application made in that IPO. Customer or its ultimate beneficial owner shall not make any other application in that IPO. Customer understands that if more than one application is made on the Customer’s behalf (whether individually, on behalf of a corporation(s), or jointly with others), all those applications will be considered as multiple applications and will be rejected. Taiping Securities reserves the right to immediately cancel those accounts related to the multiple applications.
Taiping Securities (HK) Co Limited
8th March 2021
