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KPLC rights underwriting arrangement
Rank: Veteran Joined: 6/2/2010 Posts: 1,075
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Does anyone have more information? Typical terms of an underwriting require the underwriter to subscribe for any shares offered but not taken up by shareholders.
Is this the case for the KPLC rights? i.e. Will Equity/Centum take up ONLY the rights that have not been taken up by the market? Or were they given the government rights outright?
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Wazua
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KPLC rights underwriting arrangement
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