Qualified institutions placement limit: aggregate placements in a year capped by a multiple of issuer net worth. Regulation 89 limits the total amount an issuer may raise through a proposed qualified institutions placement together with all prior qualified ... Summary
Qualified institutions placement limit: aggregate placements in a year capped by a multiple of issuer net worth.
Regulation 89 limits the total amount an issuer may raise through a proposed qualified institutions placement together with all prior qualified institutions placements in the same financial year, capped at five times the issuer's net worth as per the audited balance sheet of the previous financial year.
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