Offer document disclosures require complete investor information, supporting due diligence, valuation materials, and applicable disclosure standards for unlisted units. Offer documents and placement memoranda for Investment Trusts must provide material, true, correct and adequate disclosures for informed investment ... Summary
Offer document disclosures require complete investor information, supporting due diligence, valuation materials, and applicable disclosure standards for unlisted units.
Offer documents and placement memoranda for Investment Trusts must provide material, true, correct and adequate disclosures for informed investment decisions. Required disclosures include details of relevant parties, assets, strategy, leverage, conflicts, valuation, financials, unit-holder rights, title matters, litigation, regulatory actions, risks and taxation. Specified valuation, project-management, due-diligence and stock exchange approval materials must be submitted to the Authority. Unlisted Investment Trusts must make applicable disclosures required for listed Investment Trusts.
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