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    <description>For initial public offers, issuers must file a draft offer document and applicable fee through lead manager(s), who must also submit a due diligence certificate. For issues exceeding USD fifty million, the draft must be publicly hosted for seven working days for comments. Material comments and consequential proposed changes must be filed with the Authority. The issuer must implement any advised changes and file the updated offer document with the Authority and recognised stock exchange(s) before proceeding with the issue.</description>
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