1950_COMPANIES_ORDINANCE — Page 193

Companies.

(a) where the shares to which the offer relates are shares which are quoted on, or in respect of which permission to deal has been granted by, any recognized stock exchange in the Colony and the offer so states and specifies the stock exchange;

or

(b) where the shares to which the offer relates are shares which a company has allotted or agreed to allot with a view to their being offered for sale to the public; or

(c) where the offer was made only to persons with whom the person making the offer has been in the habit of doing regular business in the purchase or sale of shares.

(3) The written statement aforesaid shall not contain any matter other than the particulars required by this section to be included therein, and shall not be in charac- ters less large or less legible than any characters used in the offer or in any document sent therewith.

(4) The said state:nent shall contain particulars with respect to the following matters—

(a) whether the person making the offer is acting as principal or agent, and if as agent the name of his principal and an address in the Colony where that principal can be served with process; (b) the date on which and the country in which the company was incorporated and the address of its registered or principal office in the Colony; (c) the authorized share capital of the company and the amount thereof which has been issued, the classes into which it is divided and the rights of each class of shareholders in respect of capital, dividends and voting;

(d) the dividends, if any, paid by the company on each class of shares during each of the three financial years immediately preceding the offer, and if no dividend has been paid in respect of shares of any particular class during any of those years, a state- ment to that effect;

(e) the total amount of any debentures issued by the company and outstanding at the date of the state-

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