CmaBylaw
Executive Bylaws
2-9-2 Of Module Twelve: Listing Rules
Section: Chapter Two: Listing Shares of Shareholding Companies
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Sunday, 12 February 2017
If the Authority approves the application for delisting, any Person may submit an offer to purchase the shares from the shareholders willing to sell before the delisting, provided that the purchase price shall not be less than the average share price for a period of six months prior to the Board of Directors’ recommendation to delist. The purchase must be completed before the effective date of the delisting. The Exchange shall specify the rules and procedures for such process.
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