CmaBylaw
Executive Bylaws
13-50 Of Module Eleven: Dealing in Securities
Section: Chapter Thirteen: Preferred Shares Regulations
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Tuesday, 14 February 2017
Shareholders shall have Pre-emptive Rights to subscribe in Convertible Preferred Shares if they express desire for the same within fifteen Business Days at most from the date of being informed of such right. A shareholder may use its pre-emptive right to subscribe in these Shares so as to exceed its share in the capital if the subscription conditions allow it, unless the general assembly of the company issues a resolution declaring that shareholders shall assign their pre-emptive right to subscribe in such Shares.
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