SGX Rulebooks
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Cross-referenced from Rule 823

The following is the expected timetable for a renounceable rights issue:—

    No of market days after record date (D)
(a) To dispatch SRAFs to shareholders who hold shares in their securities accounts with CDP, and to dispatch PALs to CDP and to shareholders whose names appear on the register D+3
(b) Commencement of trading of nil-paid rights D+3
(c) Latest day for trading of nil-paid rights On or after D+9
(d) Last day for receipt and acceptance of SRAFs On or after D+13

The following is the expected timetable for a non-renounceable rights issue:—

    No of market days after record date (D)
(a) To dispatch SRAFs to shareholders who hold shares in their securities accounts with CDP, and to dispatch PALs to CDP and to shareholders whose names appear on the register D+3
(b) Last day for receipt and acceptance of SRAFs On or after D+9

Amended on 29 September 201129 September 2011 and 7 February 20207 February 2020.