MAE-2.11.13
Past version: Effective from 01 Oct 2017 to 31 Mar 2022
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The following entities are prohibited from raising funds through a
(i) Commercially or financially complex structures (i.e. investment fund companies or financial institutions);
(ii) Public-listed companies and their subsidiaries;
(iii) Companies with no specific business plan or its business plan is to merge or acquire an unidentified entity (i.e. blind pool);/div>
(iv) Companies with paid-up share capital exceeding BD250,000 or equivalent amount in other currency; and
(v) Any other type of entity that is specified by the CBB.
Added: October 2017