Question

    A company filing a shelf prospectus shall be required to

    file an ______?
    A Information Memorandum Correct Answer Incorrect Answer
    B Article of Information Correct Answer Incorrect Answer
    C Article of Association Correct Answer Incorrect Answer
    D Information Article Correct Answer Incorrect Answer

    Solution

    Companies Act: Section 31.Shelf prospectus: (2) A company filing a shelf prospectus shall be required to file an information memorandum containing all material facts relating to new charges created, changes in the financial position of the company as have occurred between the first offer of securities or the previous offer of securities and the succeeding offer of securities and such other changes as may be prescribed, with the Registrar within the prescribed time, prior to the issue of a second or subsequent offer of securities under the shelf prospectus.

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