Medi Assist Healthcare IPO

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Rights

A fundamental concept in finance, rights issue refers to a temporary arrangement that grants existing shareholders the opportunity to purchase additional shares from the issuer at a predetermined price. This price is typically lower than the current market value of the common shares. However, it is essential to note that these rights are only valid for a limited period of time. This valuable privilege allows shareholders to increase their ownership in the company and potentially benefit from any future growth.
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