Clause 49(Ii)(A)(1) Of Listing Agreement
Companies enter into a listing agreement with the Stock Exchange and make certain advertisements and perform certain acts. The listing service monitors business compliance. In 2014, Clause 49 was amended to include the Whistleblower Directive as a mandatory provision. The main reason for this clause is that the company should be fair to its stakeholders. Everything in the company must be made efficient and fair. Since stakeholders have a social and financial interest in the company, the company is obliged to protect its interests. Clause 49 of the listing agreement applies to all companies listed by the official circular with effect from 1 October 2014. . .