Commercial Companies Law

Article 200 — Article (200) Subscription For New Shares

Part Four: Public Joint Stock Companies · Chapter Four: Capital of Public Joint Stock Company

1. Subscriptions for newly issued shares shall be governed by the same rules of subscription for the original shares. 2. The board of directors shall publish a summary of the prospectus of the shares of rights issue as approved by the SCA, in two local daily newspapers; one of which is published in Arabic, to give the shareholders notice of their priority to subscribe for newly issued shares.

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