Entire Section

  • Offer for Sale

    • 22.06

      An offer for sale is an offer to the public by an intermediary of debt securities al in issue or agreed to be subscribed.

    • 22.07

      In the case of offers by tender, the Exchange must be satisfied as to the fairness of the basis of allotment so that every investor who applies at the same price for the same number of debt securities receives equal treatment.

    • 22.08

      An offer for sale must be supported by a listing document which must comply with the relevant requirements of Chapter 25.