Overview of the Proposed Takeover By-Laws

The Trinidad and Tobago Securities and Exchange Commission has prepared Take-over By-laws to regulate attempts by one entity (the offeror) to acquire control over an offeree company (the target). Although these By-laws have not yet been enacted into law, they represent best practice. The Commission therefore expects that all parties involved in take-over bids will comply with the requirements of the proposed Take-over By-laws.

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Prospectus Guidelines

The Trinidad &Tobago Securities &Exchange Commission has published a set of Prospectus Guidelines for the information of the public. These guidelines provide details of the information that should be included in prospectuses to be filed with the Commission in registering securities to be issued to the public.

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