This explains how companies must offer new shares to existing shareholders. The key takeaway is strict compliance with Section 62 ensures fair dilution and legal ...

The SECP has said that the amendment will facilitate capital raising by listed companies while maintaining adequate ...

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A rights issue is a mechanism through which companies raise funds from its existing shareholders. When a company launches ...

The Securities and Exchange Commission of Pakistan (SECP) has notified amendments to the Companies (Further Issue of Shares) ...

The Nigerian Exchange (NGX) has officially admitted an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc (UBA) arising from its rights issue ...

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Eterna Plc, a leader in Nigeria’s energy sector, has announced a N10 billion rights issue, offering 978,108,485 new Ordinary ...

Sarawak Consolidated Industries Bhd's (SCIB) shareholders have approved the issuance of free detachable warrants and the ...

Eterna Plc said it has commenced a N21.52 billion rights issue following approval from the Securities and Exchange Commission ...

Sri Lanka’s Vallibel Finance is looking to raise 2.11 billion rupees through a rights issue of 1 to 8 shares at 72 rupees ...

Champion Breweries Plc. has announced the official opening of its N16 billion rights issue of ordinary shares at N16.00 per share, following approvals from the Securities and Exchange Commission (SEC) ...