CmaBylaw
Executive Bylaws
12-21 Of Module Eleven: Dealing in Securities
Section: Chapter Twelve: Bond Regulations
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Tuesday, 14 February 2017
Company’s shareholders shall have a Pre-emptive Right to subscribe in Convertible Bond, if they desire to within a period of fifteen Business Days from the date of being called for using such right. Shareholders may use their pre-emptive right of subscription in such Bonds by exceeding their share in the company’s capital in the event that the Subscription conditions provide for the same, unless the company’s general assembly issues a resolution that the shareholders waive their priority right to subscribe in these Bonds.
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