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    <title>Appointment of mangers and bankers</title>
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    <description>Issuers must appoint registered merchant bankers as lead manager(s); at least one lead manager must not be an associate, and any associate lead manager must disclose that status and be limited to marketing. Lead manager(s) must furnish each relevant stock exchange a due diligence certificate confirming issuance under qualified institutions placement and issuer compliance, and supply the preliminary placement document and other documents required by the exchange.</description>
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