Colombo Virtual Stock Exchange
Virtual Stock Market

Subscription for Rights Issue & conversion of rights to shares

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Subscription for Rights Issue & conversion of rights to shares

Post  Admin on Sat Apr 28, 2012 11:40 am

Once the CSE announce the last date for subscription the player could subscribe for his/her entitlement.

The rights entitlement date, Proportionate Quantity, last date for the subscription, date for actual stock update will be shown in the 'Announcement' Section of the Game Portal.

Player has the discretion to subscribe for rights. In the event of subscription, respective number of new shares would be added to the player share portfolio as at the conversion date given in the initial Announcement. If not subscribed on the last date then unsubscribed rights may not have have any value nor can be carried forward.

Admin
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