CmaBylaw
Executive Bylaws
2-10-3 Of Module Twelve: Listing Rules
Section: Chapter Two: Listing Shares of Shareholding Companies
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Sunday, 12 February 2017
Without prejudice to Item (8) of Article (2-2-1) and Article (2-2-2) of this Module, if the Authority approved the Listing Application in the Main Market, the company may, within six months from the date of Authority’s approval for listing and before listing the shares on the exchange, to increase its capital by a percentage of not less than 30% of the Issued and fully paid capital, provided that such offering is made through a Public Offering whether for increasing the company’s capital or offering part of the shares of major shareholders for sale, in pursuant with the procedures stipulated in these Bylaws.
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