Suitability of Investors and Risk Statements
OFS-5.9.4
The
offering document must contain the following statement in respect of suitability of investors:"This offer is a private placement. It is not subject to all of the regulations of the Central Bank of Bahrain that apply to public offerings of
securities . This Memorandum is therefore intended only for "Accredited Investors " as defined in the Glossary to this Memorandum.The
securities offered by way of Private Placement may only be offered in minimum subscriptions of $100,000 (or equivalent in other currencies).The Central Bank of Bahrain assumes no responsibility for the accuracy and completeness of the statements and information contained in this document and expressly disclaims any liability whatsoever for any loss howsoever arising from reliance upon the whole or any part of the contents of this document.
The Board of Directors and the management of the
issuer accept responsibility for the information contained in this document. To the best of the knowledge and belief of the Board of Directors and the management, who have taken all reasonable care to ensure that such is the case, the information contained in this document is in accordance with the facts and does not omit anything likely to affect the reliability of such information".January 2014OFS-5.9.5
The
offering document must contain statements covering the risk of investment to the effect that:(a) All prospective investors should make their own investigation into the offer, and consult their own advisors concerning the risks of the investors and the suitability of thesecurities for their individual requirements; and(b) There may be a lack of liquidity and lack of public market for thesecurities on offer.January 2014OFS-5.9.6
Issuers must ensure that all relevant financial and risk information is placed in theoffering document to allow investors to make an informed decision.January 2014