Regulatory Alerts2005-12-07
Added
Securities And Futures (Offers Of Investments) (Exemption For Business Trusts) (No. 2) Regulations 2005
The Monetary Authority of Singapore issued these regulations to exempt specific business trusts from prospectus requirements for offers of units or derivatives. The exemption applies to offers involving SP Australia Networks (Finance) Trust or any Additional Trust as defined within the legal text. This regulatory instrument facilitates capital raising for registered business trusts by relieving them of standard disclosure obligations for these specific securities.
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