Should a Listed Company fail to enter into an agreement for stock administration services with a custodian and transfer agent, would the Exchange then take measures to delist it?
Should the Exchange become aware of a situation in which a Listed Company does not enter into an agreement with an Exchange -approved custodian and transfer agency or clearly will not enter into such an agreement, and should the J-Nomad choose to not terminate its contract with the Listed Company accordingly, the Exchange would promptly move to confirm the reasons why the J-Nomad chose not to terminate the contract, urge the J-Nomad to dissolve its contractual relationship, and take measures leading to the delisting of the relevant Listed Securities, etc.
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