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Can rights issue be oversubscribed?

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The rights issue can be oversubscribed when people apply for additional rights shares over and above their entitlements.

Only the eligible shareholders exercising their rights in full can apply for additional shares above their entitlements. A renouncee cannot apply for additional shares above their entitlements purchased from the stock market or off-market transfer.


1. PKJ   I Like It. |Report Abuse|  Link|March 17, 2024 5:22:55 PMReply
Can I purchase 100 Right Entitlements and apply for 1000 shares in the rights issue?

Will I get 100 and some amount additional shares?