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What happens in the event of a capital reorganisation?

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10 Posted

What happens in the event of a capital reorganisation?

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10

In the event of any change in the par value, sub-division, consolidation or other reclassification of Deposited Shares or any other part of the Deposited Property or upon any reduction of capital or reorganisation, merger or consolidation of the Company, the Depository will give notice of such event to IDR Holders and, in its discretion, may distribute any Shares, cash or other property received from the Company pursuant to such event to the IDR Holders as it would distribute any regular distribution under the Conditions subject, in each case, to the limitations in respect of certain distributions that are not in the form of cash described elsewhere in this section.

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