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Oversubscription privilege

• In a rights issue, arrangement by which shareholders are given the right to apply for any shares that are not taken up.

• Provides for distribution of shares for which rights were not exercised to interested shareholders on a pro rata basis at the stated subscription price.

 
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Distribution
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Rights
Right
Shareholders
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Subscription price

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What to Know Before Declaring Your Financial Independence: Twenty-somethings may not realize it, but every time they enter a new phase of their life as young adults - perhaps starting college, a career or a family - they're also venturing into a new world of money management. Here are ways to be prepared. More...

If you are all wrapped up in yourself, you are overdressed - Kate Halverson

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