Examples of Preferential Offering in a sentence
The making of the Preferential Offering may be prohibited or restricted in certain jurisdictions under their relevant securities laws.
In this regard, fractions of a New Unit will be disregarded.Eligible Unitholders are at liberty to accept or decline their provisional allotments of New Units and are eligible to apply for additional New Units in excess of their provisional allotments under the Preferential Offering (“Excess New Units”).
Instructions for Electronic Applications of provisional allotments of New Units under the Preferential Offering and application for Excess New Units will appear on the ATM screens of the Participating Banks.
Pursuant to the Preferential Offering, an aggregate of 956,184,865 New Units have been issued by FSL Trust on 7 June 2019.
With effect from 7 June 2019, being the date of issue of the New Units pursuant to the Preferential Offering, the Conversion Price was adjusted to S$0.05644.