| (b) | participate in and vote at a shareholders meeting; |
| (d) | exercise pre-emptive rights, as contemplated in section 39; |
| (f) | be allotted or exercise other rights. |
| (2) | A record date determined by the board in terms of subsection (1)— |
| (i) | earlier than the date on which the record date is determined; or |
| (ii) | more than 10 business days before the date on which the event or action, for which the record date is being set, is scheduled to occur; and |
| (b) | must be published to the shareholders in a manner that satisfies any prescribed requirements. |
| (3) | If the board does not determine a record date for any action or event, the record date is— |
| (a) | in the case of a meeting, the latest date by which the company is required to give shareholders notice of that meeting; or |
| (b) | the date of the action or event, in any other case, |
unless the Memorandum of Incorporation or rules of the company provide otherwise.
