CmaBylaw
Executive Bylaws
3-6-6 Exceeding the Permitted Percentage of Purchase Of Module Nine: Mergers and Acquisitions
Section: Chapter Three: Acquisitions
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Thursday, 09 February 2017
In the event of exceeding the permitted percentage of purchase, or in the event that the percentage of ownership decreased to become less than 30% of the Listed Company’s Shares but then increased again over such percentage, the Controller shall be obliged to submit a Mandatory Acquisition Offer in accordance with the provisions of Article (3-6-2) of this Module.
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