Past version: Effective from 29 Sep 2011 to 06 Feb 2020
Cross-referenced from Rule 823
The following is the expected timetable for a renounceable rights issue: —
No of market days after books closure 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 books closure 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.