FREQUENT TECHNICAL QUESTION (FTQ) What are "RIGHTS - TopicsExpress

FREQUENT TECHNICAL QUESTION (FTQ) What are "RIGHTS ISSUES"? RIGHTS ISSUES are issues of shares offered to the existing shareholders pro rata to the existing equity holdings. New shares shall be offered to the existing shareholders in proportion to their existing shareholdings unless otherwise agreed by the company in general meeting. This means that all shareholders are offered the rights to subscribe for the new shares in a fixed ratio eg. one new share for every five shares currently held. Compiled by LynnServe Management Sdn. Bhd. Disclaimer : FTQ is an information only. LynnServe takes no responsibility for any consequences of actions taken based on information circulated in FTQ Series and will not be held liable for any advisory views or services rendered. Kindly do not reproduce this information circulated without the permission of LynnServe.

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