Assume the following for JMMB Group Limited: The company wants to issue 100,000,000 ordinary stock units at no par value for cash to members of t
Using the link provided https://www.jamstockex.com/wp-content/uploads/2019/10/JMMB-PROSPECTUS-2.pdf
View question ( and details provided in the attached), a prospectus for the issue of 100,000,000 ordinary stock units.
Assume the following for JMMB Group Limited: The company wants to issue 100,000,000 ordinary stock units at no par value for cash to members of the public in Jamaica and Turks and Caicos in the last week of June 2025. This is in addition to the JMMB stocks listed on Jamaica Stock Exchange. The funds will be used to facilitate the bank’s expansion to Turks and Caicos.
Required: Prepare a prospectus for the issue of 100,000,000 ordinary stock units.
Clearly Include all these sections from the link provided:
1. The full name of the company. Date, country and form of incorporation.
2. The full name and professional qualification of the Company Secretary and the address of the registered office and share transfer office.
3. Information on loans, mortgages, charges, borrowings, bank overdrafts, guarantees and commitments
4. Name, address and professional qualifications of auditors.
5. Rights of shareholders regarding voting, dividends, capital redemption and pari passu issues.
6. A statement by the directors that no further issues other than rights issues will be made within one year without the prior approval of the shareholders in a general meeting.
7. The geographical location and the nature of the business.
8. A statement indicating the prospects for the company, including the accounting policies, and commercial assumption of profit forecasts (if any) and reports thereon of accountants, stock brokers and bankers
9. A statement of consent for any statement made by an expert and included in the prospectus.
10. Date of approval by regulatory bodies
Collepals.com Plagiarism Free Papers
Are you looking for custom essay writing service or even dissertation writing services? Just request for our write my paper service, and we'll match you with the best essay writer in your subject! With an exceptional team of professional academic experts in a wide range of subjects, we can guarantee you an unrivaled quality of custom-written papers.
Get ZERO PLAGIARISM, HUMAN WRITTEN ESSAYS
Why Hire Collepals.com writers to do your paper?
Quality- We are experienced and have access to ample research materials.
We write plagiarism Free Content
Confidential- We never share or sell your personal information to third parties.
Support-Chat with us today! We are always waiting to answer all your questions.
