Singapore, M'sia, Thailand produce guide for cross-border offerings

AUTHORITIES in Singapore, Malaysia and Thailand have published a handbook to guide companies that hope to offer securities across borders through a streamlined review framework.

Issuers who wish to offer shares or debt in more than one of the three participating countries and who abide by the Asean Disclosure Standard Scheme implemented in April 2013 can currently expect a regulatory review of a prospectus to be completed in about three to four months under a Streamlined Review Framework that was established this year.

The 44-page handbook is designed to help issuers understand the disclosure requirements and the review process, as well as other listing requirements in Singapore, Malaysia and Thailand, said Singapore's Monetary Authority of Singapore and the Singapore Exchange in a press release.