June 19, 2018 BY Valentina Kirilova

ASIC restricts Henry Morgan Limited from issuing a reduced content prospectus

Australian regulator ASIC has announced that it has restricted Henry Morgan Limited (HML) from eligibility to issue a reduced-content prospectus until 8 June 2019. The decision means HML will not be able to rely on reduced-disclosure rules and instead must issue a full prospectus if it wishes to raise funds from retail investors. ASIC's decision…

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