CmaBylaw
Executive Bylaws
2-2-2 Of Module Twelve: Listing Rules
Section: Chapter Two: Listing Shares of Shareholding Companies
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Sunday, 12 February 2017
The company shall provide an undertaking, from one or more of the company’s shareholders holding a percentage of not less than 25% of its capital, to keep these Shares for the first year from the listing date. This percentage may be reduced within the second year of listing to not less than 15% of the company’s capital. This percentage can be disposed among these shareholders to another Person provided that this person shall abide by the same undertaking. In all cases, these Shares may be disposed due to submitting an Acquisition Offer for the entire Shares of the company.
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