Poll results: Rights issues & open offers

Current time: 2024-03-19 13:23:53
Closing time: 2009-09-25 18:00:00
Time remaining: Poll closed

Introduction

Read our article on the HKEx proposals for rights issues and open offers, and then submit your votes. The poll results (without names) will be submitted to HKEx.


1. Do you agree that there should be a discount limit on open offers, to reduce dilution?

Answer Responses Share
Yes 181 87.4%
No 21 10.1%
Undecided 5 2.4%
Total 207 100.0%

Crosstab with question:


2. If so, then what should the discount limit be?

Answer Responses Share
10% (UK limit) 166 87.4%
20% 17 8.9%
More than 20% 7 3.7%
Total 190 100.0%

Crosstab with question:


3. Should we keep at least 7 business days to sell shares before they go "ex" an open offer?

Answer Responses Share
Yes 185 90.2%
No 12 5.9%
Undecided 8 3.9%
Total 205 100.0%

Crosstab with question:


4. After a rights issue or open offer closes, should any net premium from sale of unsubscribed entitlements be paid to their holders?

Answer Responses Share
Yes 154 75.1%
No 32 15.6%
Undecided 19 9.3%
Total 205 100.0%

Crosstab with question:


5. Should HKEx allow trading "ex" an entitlement even before shareholders have approved it?

Answer Responses Share
Yes 20 9.7%
No 174 84.5%
Undecided 12 5.8%
Total 206 100.0%

Crosstab with question:


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