Telenor commenced the arbitration on January 28, 2011 for the stated purpose of enforcing its alleged pre-emptive rights
under the VimpelCom shareholders agreement with respect to the shares to be issued in connection with the combination of VimpelCom and Wind Telecom S.p.A.
In exercising its pre-emptive right
to Pasminco's Ernest Henry interest, MIM over-rode an initial bid by Perth-based Aquila Resources.
In addition to the preliminary commitments received by the company earlier, Aktia Fund Management Company Ltd has also informed Qt on behalf of the mutual funds Sijoitusrahasto Aktia Capital (2.63%), Sijoitusrahasto Aktia Nordic Small Cap (1.59%) and Sijoitusrahasto Aktia Nordic Micro Cap (0.77%) of their preliminary intention to participate in the possible rights issue in proportion to their respective share of ownership and to also vote in favour of the proposed authorisation for board to resolve on a share issue in accordance with the shareholders' pre-emptive right
In addition, firm also enunciated about their commitment to gain 19.6% shares of ISG Ground Services if current partners Malaysia Airports MSC and Malaysia Airports Holdings Berhad would not use their pre-emptive right
NWS stated that the execution of the equity purchase agreement was further subject to waiving the pre-emptive right
to acquire Zhejiang Highway's equity interest which is presently being held by the other shareholder, Guangdong Province Road and Bridge Construction Development.
Pilots who have been laid off have a pre-emptive right
to new jobs in accordance with a collective agreement, signed during the staff reductions, Bjurstrom, who is also vice president flight operations at SAS Scandinavian Airlines, told ABC Nyheter.
Existing shareholders have been granted pre-emptive right
to buy additional stock as part of the placement.
ONGC Videsh Ltd (OVL) has exercised its pre-emptive right
to stop a Chinese company from purchasing a stake in the Brazilian oilfields.
The bank said the number of D series shares attributable to one pre-emptive right
Metro said it could acquire the whole stake in case the third partner in Publimetro Mexico does not exercise its pre-emptive right
to buy the remaining 8.54%.
3 of the 16th Extraordinary General Meeting of the Bank dated 27 October 2008 on issuing bonds with the pre-emptive right
to take up shares of BRE Bank SA, and on the conditional increase of the share capital through issue of shares without the subscription right of the existing shareholders to enable persons take part in the incentive programme to adopt shares of BRE Bank SA to apply for admission of the shares to trading in the regulated market and on dematerialisation of the shares.
The share issue, derogating from the pre-emptive right
of the shareholders and comprising some six million new shares at market price, will be offered for subscription by shareholders, holders of capital notes and by professional clients.