Examples of Eligible Securities in a sentence
In accordance with Regulation 179(2) under Chapter VI of SEBI ICDR Regulations, a minimum of 10% of the Eligible Securities shall be issued and allotted to Mutual Funds and if Mutual Funds do not subscribe to the aforesaid minimum percentage or part thereof, such minimum portion or part thereof, may be allotted to other QIBs;Regd.
If the closing price of the Eligible Securities cannot be determined on the day of deposit, the final price used for calculating the market value will be determined by the Bank at its sole discretion.
This Cash Reward is not applicable to customers who withdraw the Eligible Securities (via CCASS or by physical scrip) from their related securities accounts maintained with the Bank during the Promotion Period.4. Each customer will only be entitled to this Cash Reward once.
During the Promotion Period, customers deposit Eligible Securities, in physical scrip or via Central Clearing and Settlement System (“CCASS”), with market value of every HKD100,000, into the Bank’s securities accounts, can be entitled to cash reward of HKD100.
The accumulated market value of the Eligible Securities will be calculated on the basis of the closing price on the day of depositing the securities by the customers.