CmaBylaw
Executive Bylaws
5-37 Of Module Eleven: Dealing in Securities
Section: Chapter Five: Securities Subscription
-
Sunday, 12 February 2017
Subscription shall be cancelled and subscription payments shall be repaid to subscribers as per article (5-39) of this Module in the event that at least 50% of the Bonds and Sukuk are not covered within the subscription period, unless otherwise provided for in the Prospectus. In the event of oversubscription for the Bonds and Sukuk, the excess shall be returned to subscribers and Bonds and Sukuk shall be allocated among them, pursuant to the Prospectus.
Related pages - By Law
Related Pages
CmaSideNavigation
In this section

We use cookies to ensure you get the best experience on our website.