Commercial Companies Law

Article 125 — Article (125) Distribution of Shares to Subscribers

Part Four: Public Joint Stock Companies · Chapter One: Definition and Incorporation of the Public Joint Company and its

If the shares offered for subscription are oversubscribed, the available shares shall be distributed to the subscribers in proportion to their respective subscriptions or as determined in the Prospectus and approved by the SCA. The shares distributed shall be rounded to the nearest whole number.

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