Regulations for Offers of Securities (prospectus requirements)

What is the prospectus registration process?

• According to MAS (FAQs)

  After lodgment

  • Public exposure of prospectus on MAS' website (OPERA)
  • Public can submit comments on lodged prospectus to MAS
  • MAS' regulatory review
  • Issuer can conduct roadshow presentations to institutional and accredited investors and commence book-building exercise

  Registration

  MAS will register prospectus within 7-21 days of lodgment unless:

  • MAS extends time period (max. 28 days)
  • Issuer requests registration at later date
  • MAS decides to refuse registration

  Issuer can launch offer and distribute registered prospectus after registration