Issue 4: Risk Factor The following statement has to be written, “If u has any queries The following statement has to be “ this document, you may consult written, if you have any queries Cover Page with your Stock Broker/ Dealer, this document, you may Bank Management, Lawyer, consult issuer, issue manager and Professional accountant or other underwriter” Professional Advisor.” 1. No recent receipt of revenues; 2. 1. Interest rate, exchange rate & Poor financial conditions; 3. industry related risk, 2. Market & Risk Factor & Industry & currency risk; 4. Market technology related risk, 3. Management’s &Technology related risk; 5. Potential or Existing Govt. Preparation about Potential or existing govt. regulation, 4. Potential changes in Risk regulation, 6. Potential changes in Global or National Policies, 5. global or national policies, 7. No History of non operation, if any 6. operating history operational risk All the rules of 1998 are included in this regulation except one: 2006 regulation states that if any Directors and shareholders who own more than n/a Officers 50% shares and of s/he becomes loan defaulter according to CIB report than it has to be mentioned in the prospectus In the prospectus, any bankruptcy petition filed by or against any Any bankruptcy petition filed by or company of which any officer or Involvement of against any company of which any director or nominee of the officers & officer or director of the issuer company filing the prospectus was Directors in Certain company filing the prospectus was a director, officer or general partner Legal Proceedings a director, officer or partner at the at the time of the bankruptcy or time of bankruptcy within 2 (two) years prior to that time Board of Director and Management Information The sponsors’ capital will be subject to a lock-in of three years Name with position, educational from the date of publication of qualification, date of joining in the prospectus or commercial Directors & company and lest 5 years operation whichever comes later. Officers experience of CEO, CFO, Company This is not applicable for Foreign Secretary, Advisers, DMD & all Sponsors either in joint venture departmental Heads company or 100% Foreign owned company
Issue 4: Risk Factor Cover Page The following statement has to be written, “If u has any queries this document, you may consult with your Stock Broker/ Dealer, Bank Management, Lawyer, Professional accountant or other Professional Advisor.” The following statement has to be written, “ if you have any queries this document, you may consult issuer, issue manager and underwriter” Risk Factor & Management’s Preparation about Risk 1. No recent receipt of revenues; 2. Poor financial conditions; 3. Industry & currency risk; 4. Market &Technology related risk; 5. Potential or existing govt. regulation, 6. Potential changes in global or national policies, 7. No operating history 1. Interest rate, exchange rate & industry related risk, 2. Market & technology related risk, 3. Potential or Existing Govt. regulation, 4. Potential changes in Global or National Policies, 5. History of non operation, if any 6. operational risk Directors and Officers n/a All the rules of 1998 are included in this regulation except one: 2006 regulation states that if any shareholders who own more than 50% shares and of s/he becomes loan defaulter according to CIB report than it has to be mentioned in the prospectus Involvement of officers & Directors in Certain Legal Proceedings In the prospectus, any bankruptcy petition filed by or against any company of which any officer or director or nominee of the company filing the prospectus was a director, officer or general partner at the time of the bankruptcy or within 2 (two) years prior to that time Any bankruptcy petition filed by or against any company of which any officer or director of the issuer company filing the prospectus was a director, officer or partner at the time of bankruptcy Board of Director and Management Information Directors & Officers The sponsors’ capital will be subject to a lock-in of three years from the date of publication of prospectus or commercial operation whichever comes later. This is not applicable for Foreign Sponsors either in joint venture company or 100% Foreign owned company Name with position, educational qualification, date of joining in the company and lest 5 years experience of CEO, CFO, Company Secretary, Advisers, DMD & all departmental Heads
IPO_Reg_BD.docx