CmaBylaw
Executive Bylaws
12-23 Of Module Eleven: Dealing in Securities
Section: Chapter Twelve: Bond Regulations
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Tuesday, 14 February 2017
Having issued a Convertible Bond, Obligor may not, to the date of their conversion or redemption, take the following actions, unless it is approved by the Authority: 1. Issue bonus Shares or profits of the reserve. 2. Issue other Convertible Bonds. 3. Increase the percentage of the minimum profits decided to be divided among shareholders, unless the Prospectus does not stipulate otherwise, without need to get the Authority’s approval.
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