Investment Trust public offers require registration, asset and offer thresholds, with listing-based minimum public unit allocation requirements. Initial offers of Investment Trust units require registration, minimum asset value, and a minimum offer size. Where units are proposed to be listed on a ... Summary
Investment Trust public offers require registration, asset and offer thresholds, with listing-based minimum public unit allocation requirements.
Initial offers of Investment Trust units require registration, minimum asset value, and a minimum offer size. Where units are proposed to be listed on a recognised stock exchange, the minimum public offer and allotment is determined by post-issue capital through percentage-based or value-based thresholds. Units offered to the sponsor, investment manager, project manager, or their related parties or associates cannot be counted as units offered to the public.
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