Issue price determination: issuer must set price before record date with stock exchange consultation and disclose it in offer. The issuer must decide the issue price before determining the record date, in consultation with the designated stock exchange; the issue price shall not be less than the face value of the specified securities; and the issuer must disclose the issue price in the letter of offer filed with the Board and the stock exchange(s).
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Provisions expressly mentioned in the judgment/order text.
Issue price determination: issuer must set price before record date with stock exchange consultation and disclose it in offer.
The issuer must decide the issue price before determining the record date, in consultation with the designated stock exchange; the issue price shall not be less than the face value of the specified securities; and the issuer must disclose the issue price in the letter of offer filed with the Board and the stock exchange(s).
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