CmaBylaw
Executive Bylaws
13-53 Of Module Eleven: Dealing in Securities
Section: Chapter Thirteen: Preferred Shares Regulations
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Tuesday, 14 February 2017
From the issuance of Convertible Preferred Shares until the date of their conversion or redemption, the company may not reduce its capital or increase the minimum percentage of shareholders’ profits decided to be distributable. Capital reduction due to losses shall be excluded, unless the Prospectus states otherwise.
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