Offer of units of Investment Trust
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.... Offer of units of Investment Trust (1) No initial offer of units by an Investment Trust shall be made unless,- (a) the Investment Trust is registered with the Authority; (b) the ....
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....alue of units to be offered Less than USD 240 million At least twenty-five per cent. (25%) of the total outstanding units of the Investment Trust USD 240 million or more but less than USD 600....
TaxTMI