Shareholders have, proportionally to the amount of their shares, a pre-emptive right to subscribe for shares issued for cash, issued to carry out a capital increase.
Such right is negotiable under the same conditions as the share itself during the subscription period.
Unofficial translation
Transcription: Spot-checked
In force from 05-05-2014
Source page 194
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
How Lex Cameroon marks its texts →
Section 757 of the Acte uniforme révisé relatif au droit des sociétés commerciales et du groupement d'intérêt économique/akn/ohada/act/loi/2014-01-30/auscgie-2014