Commercial Companies Law — Article 234 — Article (234) Profits of Bonds or Sukuk upon Conversion into Shares
Part Four: Public Joint Stock Companies · Chapter Five: Shares, Bonds and Sukuk
Shares received by the holders of bonds or Sukuk that have been converted into shares in the capital of the company shall have a share in the profits to be distributed for the fiscal year during which the conversion took place, unless the prospectus or issuance terms of such bonds or Sukuk provide otherwise.
Interpretation and application must be checked against the official text and current version.
