Singapore legislation

Regulation 9

of Securities and Futures (Offers of Investments) (Securities and Securities-based Derivatives Contracts) Regulations 2018

Regulation 9

Contents of prospectus

Amended byS 132/2019 wef 14/03/2019S 132/2019 wef 14/03/2019S 132/2019 wef 14/03/2019

Subregulation 1

For the purposes of section 243(1) of the Act, a prospectus for an offer of shares or units of shares in a corporation, other than an ASEAN Offering of shares mentioned in paragraph (4)(a), must contain —

(a)

in a case where an application has been or will be made to an approved exchange to list for quotation or quote those shares or units of shares on the approved exchange, the particulars set out in the Fifth Schedule; or

(b)

in any other case, the particulars set out in the Sixth Schedule.

Subregulation 2

For the purposes of section 243(1) of the Act, a prospectus for an offer of units or derivatives of units in a business trust must contain the particulars set out in the Seventeenth Schedule.

Subregulation 3

For the purposes of section 243(1) of the Act, a prospectus for an offer of debentures or units of debentures of an entity (other than one in relation to a debenture issuance programme or an ASEAN Offering of Plain Debt Securities mentioned in paragraph (4)(b)) must contain —

(a)

subject to sub‑paragraphs (b) and (c), in a case where an application has been or will be made to an approved exchange to list for quotation or quote those debentures or units of debentures on the approved exchange, the particulars set out in the Seventh Schedule;

(b)

in a case where the debentures or units of debentures are asset‑backed securities, the particulars set out in the Eighth Schedule;

(c)

in a case where the debentures or units of debentures are structured notes, the particulars set out in the Ninth Schedule; or

(d)

in any other case, the particulars set out in the Tenth Schedule.

Subregulation 4

Amended byS 132/2019 wef 14/03/2019

For the purposes of section 243(1) of the Act ––

(a)

a prospectus for an ASEAN Offering of shares in a corporation must contain the particulars set out in the ASEAN Equity Securities Disclosure Standards; and

(b)

a prospectus for an ASEAN Offering of Plain Debt Securities (other than an offer that is part of a debenture issuance programme) must contain the particulars set out in the ASEAN Debt Securities Disclosure Standards.

Subregulation 5

Amended byS 132/2019 wef 14/03/2019

For the purposes of section 240A read with section 243(1) of the Act, a prospectus for every offer of debentures or units of debentures under a debenture issuance programme (other than an ASEAN Offering of Plain Debt Securities that is part of a debenture issuance programme mentioned in paragraph (6)) must —

(a)

subject to sub‑paragraphs (b), (c) and (d), in a case where an application has been or will be made to an approved exchange to list for quotation or quote the debentures or units of debentures on the approved exchange, comply with the requirements specified in the Eleventh Schedule;

(b)

in a case where the debentures or units of debentures are asset‑backed securities, comply with the requirements specified in the Twelfth Schedule;

(c)

in a case where the debentures or units of debentures are structured notes other than continuously issued structured notes, comply with the requirements specified in the Thirteenth Schedule;

(d)

in a case where the debentures or units of debentures are continuously issued structured notes, comply with the requirements specified in the Fourteenth Schedule; or

(e)

in any other case, comply with the requirements specified in the Fifteenth Schedule.

Subregulation 6

Amended byS 132/2019 wef 14/03/2019

For the purposes of section 240A read with section 243(1) of the Act, a prospectus for an ASEAN Offering of Plain Debt Securities that is part of a debenture issuance programme must contain the particulars set out in the ASEAN Disclosure Standards for Debt Issuance Programme.