2024-12-30
Added · Updated
The Securities Commission of The Bahamas exempts Eleuthera Properties Limited from public issuer obligations and designates it as a non-public issuer under the Securities Industry Act, 2024. This status is conditional upon the company amending its constitutive documents to prohibit public invitations for securities, limiting beneficial ownership to 150 security holders, and obtaining formal Commission approval for any registrable activities. The designation took effect on 11 December 2024.