everithing is OK !
but. Timor-Leste isnot rich country. GDP is only 800$ per person. and if GDP is 800$ and people are only 1.6 MLN who will trade on your exchange? and if people havenot monney, we want more info.
you say - IEO will start 9 JUN. but on which exchange? if IEO will be on your exchange - why isnot open registration?