It returned a listing application for Shenhua Health Holdings, a subsidiary of monosodium glutamate (MSG) producer Fufeng Group, on March 29 saying it needed more information, exchange data showed. JPMorgan Securities (Far East) Ltd acted as sole sponsor of the IPO.
Only seven other initial public offerings (IPOs) have been returned since the new rules came into effect. After applications are returned, companies must wait at least eight weeks before re-submitting an application.
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