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(1) Where in the opinion of the Commission before the allotment date, circumstances have occurred or any information has emerged that fundamentally alters the basis of approval of the offer or invitation to the public and which renders the information contained in the prospectus or offer document inadequate, the Commission shall require the issuer to issue a supplementary prospectus disclosing the additional information.

(2) The Commission may require the issuer to

(a) extend the offer to allow investors to make an informed decision in the light of the new disclosure; or

(b) re-open the offer for such period as shall be determined by the Commission to allow investors either to re-confirm their applications for subscription or withdraw their application; or

(c) Cancel the offer in addition to the requirement that the issuer issues a supplementary prospectus disclosing the additional information.