...The purpose of the prospectus is to ensure that the company gives to the public a certain amount of information about its financial position when it is first floated and whenever it subsequently offers its shares and debentures to the public. It must fully and fairly disclose the relevant facts so the risk of investment can be assessed (Vanessa, 2011). Prospectus is a way to give the public a clear understanding of newly listed companies, the investing public should take time to read before investment. The providing of prospectus can also reduce the risk of fraud of companies as they need to disclose their companies’ information fully and fairly. From the Companies Ordinance, prospectus means any prospectus, notice, circular, brochure, advertisement, or other document which offering any shares or debentures of a company to the public for subscription or purchases, or calculated to invite offers by the public to subscribe or purchase shares or debentures. If the shares or debenture are offered to any section of the public, whether selected as members or debenture holders or as clients of the person making the offer or invitation, or in any other manner, it is to be regarded as an offer or invitation to the public(s 48A(1)). Thus, whether the document technically constitutes an offer or invitation to the public, it will fall within the prospectus provisions. The provision relating to prospectuses apply as the shares or debentures had been offered to the public by the...
Words: 2300 - Pages: 10
...PROSPECTUS [pic] (Logo is blurred. Please provide us with a better soft copy) Contents Contents 1 1. STATUTORY CONDITIONS 6 DISCLOSURE IN RESPECT OF ISSUANCE OF SECURITY IN DEMAT FORM 6 CONSENT TO COMMENCE BIDDING BY THE ELIGIBLE INSTITUTIONAL INVESTORS FOR PRICE DISCOVERY OF ISSUANCE OF 38,600,000 ORDINARY SHARES OF HAMID FABRICS LTD 6 GENERAL INFORMATION 8 2. DECLARATIONS AND DUE DILIGENCE CERTIFICATES 9 DECLARATION ABOUT THE RESPONSIBILITY OF THE DIRECTOR(S), INCLUDING THE MANAGING DIRECTOR OF “HAMID FABRICS LIMITED” IN RESPECT OF THE PROSPECTUS 9 CONSENT OF DIRECTOR(S) TO SERVE AS DIRECTOR(S) 10 DECLARATION ABOUT FILING OF PROSPECTUS WITH REGISTRAR OF JOINT STOCK COMPANIES AND FIRMS 10 DECLARATION BY THE ISSUER ABOUT THE APPROVAL FROM SECURITIES AND EXCHANGE COMMISSION FOR ANY MATERIAL CHANGES REGARDING PROSPECTUS OF HAMID FABRICS LIMITED 10 DECLARATION BY THE ISSUE MANAGER ABOUT THE APPROVAL FROM SECURITIES AND EXCHANGE COMMISSION FOR ANY MATERIAL CHANGES 10 DUE DILIGENCE CERTIFICATE OF THE ISSUE MANAGER 12 DUE DILIGENCE CERTIFICATE OF THE UNDERWRITER(S) 13 3. RISK FACTORS & MANAGEMENT’S PERCEPTION ABOUT RISKS 14 EXTERNAL RISK FACTORS 14 INTERNAL RISK FACTORS 17 4. ISSUE SIZE AND PURPOSE OF PUBLIC OFFERING 19 IPO SIZE AND ISSUE PRICE 19 USE OF IPO PROCEEDS 19 5. INFORMATION ABOUT THE COMPANY 20 PROFILE OF HAMID FABRICS LIMITED 20 NATURE OF BUSINESS 21 PRINCIPAL PRODUCTS...
Words: 18157 - Pages: 73
...COMMON PROSPECTUS Master’s Degree Bachelor’s Degree Diplomas Certificates Indira Gandhi National Open University Maidan Garhi, New Delhi-110068, INDIA | www.ignou.ac.in Price: Rs. 100/- by cash at the counter | Rs. 150/- by Registered Post Electronic version of the prospectus is available for download at: http://www.ignou.ac.in Online Admission & Payment Gateway RECOGNITION IGNOU is a CENTRAL UNIVERSITY established by an Act of Parliament in 1985 (Act No. 50 of 1985). IGNOU Degrees/Diplomas/Certificates are recognised by all the member institutions of the Association of Indian Universities (AIU) and are at par with Degrees/Diplomas/Certificates of all Indian Universities/Deemed Universities/Institutions. Prepared & vetted at: Student Registration Division © Indira Gandhi National Open University March 2012 Print Production Mr B. Natarajan, DR(P) Mr Arvind Kumar, AR(P) Mr Ajit Kumar, So(P) IGNOU Offers “Round the Year Admission” to its Programmes under the ‘Walk-in-Admission’ Scheme. Candidates can obtain admission application forms from Regional Centre, Student Registration Divisions (SRD), IGNOU Headquarters and also can download the Prospectus and application form from the university website at ww.ignou.ac.in. Candidates can submit the same only at the Regional Centres concerned either by post or in person. Application forms can be submitted online and programme fee can be paid online through the internet payment gateway. CUT OFF DATES FOR WALK-IN-ADMISSION: Please...
Words: 77378 - Pages: 310
...English 102-06 Prof. Leah Milne September 26, 2013 Who makes standards higher, and who’s okay with their child just doing “okay?” A child’s development is a very interesting thing. It has so many different ways of happening. The development of a child has many stages that it goes through. There has been a lot of different theories for how a child develops and why they it happens this way. Not all types of children develop in the same way. Your location, what school you attend what type of parents you have and etc. can determine how you develop. Also your ethnicity or race can affect how you develop and “grow up”. What I am interested in learning more about is how Asian American parents help their child develop and why it is seen as if African American children don’t strive or have the motivation to succeed as well as Asian American children. Although this may be a stereotype, it is what I see a lot; from my own experiences and from how the media portrays this. When I say media, I mean the news and movies. I want to find out what these two parents are doing differently and how we can get both groups of kids to succeed equally. What I am trying to focus my research on are children from African American families and Asian families. I want to focus on these two groups because they seem like they are on two different spectrums of learning ways. I don’t know this for sure yet. What I think is that Asian parents are a maybe stricter than African American parents. While...
Words: 1303 - Pages: 6
...1-29-2015 Prospectus I will study the workings of Classical Greece’s political economy. It is important for me to understand this because I am minoring in Philosophy. Greece is important to Philosophy because many great thinkers such as Pythagoras and Socrates were “Greek” thinkers. So more or less, I chose Greece for a personal educational gain rather than just some random society to write a research paper on. World historians and readers alike should be interested in this research because from Greece came the father of Western Philosophy, which is the backbone of what is taught in Western academia and really had a huge impact to the world, as we know it. With Philosophy comes questions, with questions come many great answers that impact societies and even the earth. I want to study how Greece’s political economy impacted philosophic thinkers and people alike. In order to help readers understand whether or not outside forces like society’s political economy impacts deeper thinking like philosophy I will dive deep into Athenian Democracy, documents certain philosophers wrote in the day and time in which they lived, and even look into some other people of the time who had strong opinions on what exactly was going on them. Philosophy impacted more than most people think and I am sure in my research I will be able to back that up with primary sources to prove my argument. In writing this research paper I will be exploring the political economy of Classical Greece between 510...
Words: 954 - Pages: 4
...Issuer BSRM Steels Limited Issue Managers ■ ■ ■ Alliance Financial Services Limited South Asia Capital Limited “If you have any query about this document, you may consult issuer, issue mangers and underwriters” PROSPECTUS OF BSRM STEELS LIMITED FOR ISSUE OF 2,000,000 ORDINARY SHARES AT TK.100.00 EACH TOTALING TK.200, 000,000 Opening date for subscription November 09, 2008 Closing date for subscription November 13, 2008 For Non-Resident Bangladeshi Quota subscription closes on November 22, 2008 Managers to the issue ■ ■ ■ Alliance Financial Services Limited South Asia Capital Limited Underwriters South Asia Capital Limited Nascent Tower (2nd floor) 806/A, Agrabad C/A, Chittagong Trust Bank Limited Peoples Insurance Bhaban 36, Dilkusha C/A, Dhaka- 1000 Equity Partners Limited 9/E Motijheel C/A Dhaka- 1000 CREDIT RATING BY CREDIT RATING INFORMATION AND SERVICES LIMITED Long Term A Short Term ST-3 Entity Rating Issue date of the prospectus: October 12, 2008 The issue shall be placed in “N” Category BSRM STEELS LIMITED Corporate Head Office: Ali Mansion, 1173/1207 Sadarghat Road, Chittagong Project Site: 4 Fouzderhat Industrial Estates, Latifpur, Sitakunda, Chittagong “CONSENT OF THE SECURITIES AND EXCHANGE COMMISSION HAS BEEN OBTAINED TO THE ISSUE/OFFER OF THESE SECURITIES UNDER THE SECURITIES AND EXCHANGE ORDINANCE, 1969, AND THE SECURITIES AND EXCHANGE COMMISSION (PUBLIC ISSUE) RULES, 2006. IT MUST BE DISTINCTLY UNDERSTOOD THAT IN GIVING THIS CONSENT...
Words: 28995 - Pages: 116
...PROSPECTUS Sale of 4,500,000 shares representing 30% of Almarai Company Through an Initial Public Offering at an Offer Price of SAR 512 per share ALMARAI COMPANY A Saudi Joint Stock Company (under conversion) in accordance with Ministerial Resolution No. 773 dated 6/5/1426H (Corresponding to 13/6/2005G) Offering Period: 27/5/1426H to 7/6/1426H (Corresponding to 4/7/2005G to 13/7/2005G) Almarai Company Limited (“Almarai” or the “Company”) was formed as a Saudi limited liability company with Commercial Registration Number 1010084223, dated 19/12/1411H (corresponding to 1/7/1991G). The Minister of Commerce and Industry has, pursuant to resolution No. 773 dated 6/5/1426H (corresponding to 13/6/2005G), authorized the conversion of the Company from a limited liability company into a joint stock company. The share capital of the Company is SAR 750 million consisting of fifteen (15) million shares with a nominal value of SAR 50 each. Following completion of the Offering (as defined below) and the conclusion of the Conversion General Assembly, an application will be submitted to the Minister of Commerce and Industry requesting him to announce the conversion of the Company. The Company will be considered duly converted into a joint stock company from the date of issuance of the Ministerial Resolution declaring its conversion. The Initial Public Offering (the “Offering”) of 4,500,000 shares (the “Offer Shares”) with a nominal value of SAR 50 each, all of which are fully paid, and...
Words: 51292 - Pages: 206
...Poorva Singh Paul Tchir B02 Assignment #2: Prospectus 2 February 2016 Caste System: Effects of the British Regime In the realm of Hinduism, the caste system originated as a cycle indicating that one’s current actions would be the deciding point of which caste they would be born into in their next life. This karmic distribution was intended to reiterate the importance of a predestined dharma, or duty, that one would be obligated to fulfill according to the caste they were birthed into. The four castes, Brahmin as the priests, Kshatriya as the warriors, Vaisyas as the merchants and Shudras as the laborers became established to regulate each separate yet equally important role. However, scholars have argued that although the castes were not originated to instigate hierarchy but to perpetuate the sense of duties- it inevitably evolved into more of a class system, reconfiguring the meaning of the idea of caste itself. Scholars have also proposed that the context in which the caste system was established seemed to take a tangent from religious volition and became a means of categorization instead. In the face of this apparent hypocrisy begs the question: Did the colonization of India by Britain in the 19th century deter the caste system because of their personal interpretation of it towards a hierarchy rather than a means of accomplishing one’s spiritual duty? One of the plausible answers to this question is that the reign of the British empire during the 19th century resulted...
Words: 2089 - Pages: 9
...Investment objective: The fund’s investment objective is to provide investors with long-term capital appreciation while providing current income. Primary investment strategies The mutual fund invests mainly in the stocks of mid- and large-capitalization U.S. sports manufacturing product companies whose revenues and, or earnings are expected to grow faster and has a history of paying dividend It will not invest more than 15% of its asset in one company, and believes that mid- and large capitalization U.S. companies stocks will be more resistant to market declines than stocks of average companies and those that do not pay dividends. The fund relies on the professional judgment of its investment manager to make decisions about the fund’s portfolio investments. The basic investment philosophy of the investment manager is to seek to invest in attractively valued companies that, in his opinion, represent good, long-term investment opportunities. Mr. Frempong believes that an important way to accomplish this is through fundamental analysis, which may include meeting with company executives, suppliers, and competitors. He bases his recommendations on factors, such as the fund’s investment objectives and policies; whether a company is considered a leader in its industry and its dividend payment prospects Securities may be sold when the investment manager believes that they no longer represent relatively attractive investment opportunities. The index for S&P 500 industrial companies...
Words: 331 - Pages: 2
...RESEARCH PROSPECTUS – Building Block (MUST BE TYPEWRITTEN) Please complete this prospectus, to obtain my approval of your topic for the research-based report. This assignment will NOT be graded. The purpose of this exercise is to help you formulate the basis of your research-based report. It is also intended to keep you thinking and planning so that you will not submit a hasty, last minute, poorly written assignment! Research Topic Development: What problem or question does your research intend to address? Persuade management to invest in more security software and hardware. Why is topic of interest to you? Recently our web server was hacked and I believe it could have been prevented with the appropriate security measures; this would have prevented the organization from spending a significant amount of money to keep the server operational. Why is it problematic in your organization? This is the second time it has happened and could have been prevented. Why is it significant to your organization? Since the organization provides information to the war fighter, data corruption or unavailability may result in loss of lives. What are the benefits to your organization? The benefit to the organization would be saving of money on replacement hardware and software along with ensuring that the data provided on the web is valid and useful. How far along are you in your thinking and research? I have done some research along with speaking to a...
Words: 411 - Pages: 2
...Financial Prospectus Content Paper Starting a new business involves time, money, expectation, planning, and decision. New venture needs to create a business plan outlining business ideas, concepts, goals, trends, strength, and weakness. There are 7 components of a financial prospectus to put a business into motion such as: - Business description - Market analysis - Market plan - Competitor Assessment - Operating Plan - Financial Plan - Executive summary The new business venture I planned to invest would be a Shrimp Farmer. The market demands of organic food have increased the global production of freshwater shrimp farming. Shrimp has become the most popular seafood in the United States. On the other hand, consumers are becoming more conscious and concerned about the environment damage. Many shrimp farmers often use antibiotics and hormones to increase the shrimp production. The methods used before to meet the shrimp’s demands have dramatically damage environment. Now, many advances in researcher found new methods and technology that have changed the scenario. Business Description Carrillo’s Shrimp Farm would be placed in the Desert of Imperial Valley to combine the effects of the hot sun with the qualities of deep pumping well water allowing a faster growth. The shrimp would be raise in a pond with significantly depth water having as a mission a fresh, healthy, and free hormone shrimp. Since the well water rich in mineral would be...
Words: 1094 - Pages: 5
...The prospectus is being displayed in the website to make the prospectus accessible to more investors. The Philippine Stock Exchange (PSE) assumes no responsibility for the correctness of any of the statements made or the opinions or reports expressed in the prospectus. Furthermore, the PSE makes no representation as to the completeness of the prospectus and disclaims any liability whatsoever for any loss arising from or in reliance in whole or in part on the contents of the prospectus. The offering information on this Web site is intended to be available only to Philippine and non-Philippine citizens residing in the Philippines or corporations or judicial entities organized and existing under Philippine law, and is not intended for distribution in the United States or to U.S. persons (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the "U.S. Securities Act")). The information contained in this Web site may not be published or distributed, directly or indirectly, into the United States and this information (including the preliminary and final Prospectus) and does not constitute an offer of Offer Shares for sale in the United States or to, or for the account or benefit of, U.S. persons. The Offer Shares described in the Prospectus have not been, and will not be, registered under U.S. Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States and may not be offered or...
Words: 112816 - Pages: 452
...Fund Objective The Gold Digger Fund seeks to achieve long-term capital appreciation by investing in U.S. and foreign common stocks that exhibit value characteristics. The Fund also invests in Derivatives and Fixed-Income securities. The Fund’s Managers * Rodrigo Reis de Almeida * Haozhuan Li * Yuhang Sun Investment Strategy The Fund invests at least 60% of total assets in U.S. common stocks, with focus on value stocks. Value stocks are those that usually have lower-than-average price/earnings ratios and higher-than-average dividend yields. The stocks for the Fund are selected using quantitative models and they are stocks that the advisors believe that are trading below the fundamental value of the underlying companies. The Fund may invest in companies of any capitalization size, style or sector. Ideal Asset Allocation for Portfolio | U.S. Common Stocks | 60% | Foreign Issuers Common Stocks | 30% | Government Bonds | 10% | Total | 100% | The Fund may also invest in equity securities of foreign issuers, including securities of companies in emerging countries, as long as they are value stocks. In addition, the Fund may invest in equity-like securities, such as other equity funds. The Fund will not invest more than 30% of its total assets in securities of foreign issuers. The Fund may invest in derivatives, including but not limited to, total return and credit default swaps, options, futures, options on The Fund may invest up to 10% of its net...
Words: 1272 - Pages: 6
...Mormonism is a Cult The issue I intend to research is how the modern religion of Mormonism shows the same qualities as a large cult. When we were choosing topics in class, we had discussed about a paper that a student intended to write about that was very broad. Does religion cause war? When we had to simplify that topic I wrote down something along the lines of why modern Mormons go on religious missions today? At home I had researched the means of why Mormonism is the only religion that continues to spread its works around and so on. But in most of my research a lot of associations of cults and secret groups kept popping up on my screen. Looking into these articles and conspiracies, I found small relationships of Mormonism and cults like forms of practice. What I found that really took my attention was the tie of Mormonism and politics. Fascinating conspiracies of cult-like ideas root from the election of Mitt Romney and Barack Obama. The issue of religion itself is included into the constitution and has many controversial issues within. My topic of religion matters because it is a very sensitive word that takes on a lot of meaning. People dedicate their lives for faith and frown upon certain human interactions like love and controls it. I chose this because I do not understand religion and for some reason it is wrong to question it. My basic research question stems from Mormonism and cults. Other key words when researching are religion and politics and cult definitions...
Words: 849 - Pages: 4
...AMALGAMATED TELECOM HOLDINGS LIMITED AND SUBSIDIARY COMPANIES 2nd Floor Harbour Front Rodwell Road | Suva | Fiji Islands +679 330 8700 +679 330 8044 | AMALGAMATED TELECOM HOLDINGS LIMITED AND SUBSIDIARY COMPANIES 2nd Floor Harbour Front Rodwell Road | Suva | Fiji Islands +679 330 8700 +679 330 8044 | 1.0 EXECUTIVE SUMMARY Trends and ratios calculated for the historical years 2006-2010 has been fluctuating, indicating effects of elements such as global recession, devaluation of currency, political situation, slow economic growth and competition. A thorough analysis was done on the internal and external factors and duly taken into consideration when forecasting numbers for 2011 - 2015. For comparison, a sensitivity analysis is carried out to show the company performances during good times and bad times. Telstra Corporation Limited is taken as a benchmark due to its huge success in Australia. The trends show very positive results indicating management efficiency, asset efficiency and operations efficiency. ATH beta was calculated against the STRI values of the market and ATH. This was then used to determine WACC of the company. Beta was found to be 0.6 indicating ATH’s lower risk portfolio compared to the market. Required rate of return was calculated to be 9%. A discount factor of 7% was obtained, as the company has about 1:1 debt to equity funding. Some strategies used to arrive at forecast numbers...
Words: 5265 - Pages: 22
