This explains how companies must offer new shares to existing shareholders. The key takeaway is strict compliance with Section 62 ensures fair dilution and legal ...

Guinea Insurance Plc has applied to the Nigerian Exchange (NGX) for approval to raise N5.30 billion through a rights issue, ...

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The Nigerian Exchange (NGX) has officially admitted an additional 3,156,869,665 ordinary shares of United Bank for Africa Plc (UBA) arising from its rights issue ...

SciBase Holding AB ("SciBase") (STO: SCIB), a leading developer of AI-based diagnostic solutions for skin disorders, announces it has been informed that ...

A rights issue is a mechanism through which companies raise funds from its existing shareholders. When a company launches ...

The United Bank for Africa has emerged as the latest lender to meet the new minimum capital requirement set by the Central Bank of Nigeria for banks with international operations, as its share capital ...

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Right Issue, 5:11 Bonus Issue, Share Buyback: Today, several listed companies on Indian exchanges are turning ex-date for key corporate actions. When a stock goes ex-date, it starts trading without ...

Sri Lanka’s Vallibel Finance is looking to raise 2.11 billion rupees through a rights issue of 1 to 8 shares at 72 rupees ...

Champion Breweries Plc. has announced the official opening of its N16 billion rights issue of ordinary shares at N16.00 per share, following approvals from the Securities and Exchange Commission (SEC) ...