Hello all,
I seen this on Warka's website today. Can anyone tell me what this means and provide an example of what this request letter should look like. ( see below)
Iraqi Investment Bank has announced that it will be issuing:
14.662% free shares and 18.635% paid up shares at the price of IQD (1) per share for those shares owned prior to holding its general assembly meeting.
Shareholders are kindly requested to submit their signed authorization letters to purchase the paid up shares by July 28th 2011 Warka business hours where any request received after this date and working hours will be considered null and void by our bank.
Thank you