If a shareholder receives a renounceable right
, the shareholder can either choose to buy the additional shares or sell its right on the Qatar Exchange.
The newly prescribed disclosure and certifications requirements, as incorporated in the revised circular, are in line with the best international practices wherein renounceable right
is categorized as public offers thereby requiring detailed disclosure synonymous to a prospectus.
The secured listed convertible participatory redeemable capital is being offered by way of a renounceable right
offer to existing shareholders in accordance with their existing shareholding.
39 million based on the indicative issue price of 10 sen per renounceable rights
1m of the total amount to be raised in the pro-rata renounceable rights
IEF shareholders are being asked to take part in a two-for-one pro-rata renounceable rights
issue as part of a range of initiatives being undertaken by the fund to reduce debt levels.
36 per share to raise AUD9m and one for five renounceable rights
issue at USD0.
2bn renounceable rights
offering at a discount of 46.
Sydney, Australia, June 29, 2007 - (JCN Newswire) - IBA Health Limited (ASX: IBA) - Australia's largest listed eHealth company, today announced today that following the closing of its 2 for 5 renounceable rights
issue, acceptances were received for 137,726,782 New Shares.
The Prior Announcement advised that the Company was contemplating undertaking a renounceable rights
issue on the basis of 2 new shares for every 1 share held at a price of AUD$0.