Offer document disclosures protect investors by requiring material, specified prospectus and letter-of-offer disclosures and cross-references for follow on offers. Offer documents must contain all material disclosures that are true and adequate to enable applicants to take informed investment decisions. Prospectuses (including red-herring and shelf prospectuses) must include disclosures specified in Schedule II of the Companies Act and Part A of Schedule VIII, subject to Parts B and C, while letters of offer must include disclosures in Part E of Schedule VIII. For further public offers or rights issues, compliance may be achieved by suitable cross-references to updated disclosures in the referenced offer document.