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Suspension of Pre-emptive Rights in Connection with Capital Increases

The Capital Market Authority (the CMA) approved CE amendments to the Rules on the Offer of Securities and Continuing Obligations (the ROSCOs).The amendments to the ROSCOs include the introduction of a new structure for listed companies to increase their capital while suspending the pre-emptive right of shareholders to subscribe to such capital. ‍New Capital Increase Structure The […]

Contributed by Khoshaim & Associates

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