Consolidation, the issuedshare capital of theCompany be reduced by canceling paid up capital to the extent of HK$0.09 on each of the Consolidated Share in the capital of the Company in issue on the Effective Date (the “CapitalReduction”)so that each issued Consolidated Share shall be treated...
the cancellation of the entire amount standing to the credit of the Company's capital redemption reserve and the reduction in the nominal value of each issued fully paid up ordinary share in the capital of
Each warrant of the Company shall confer right to subscribe for 1 consolidated share of HK$0.25. Afterthecapital reductionandshare sub-division effective on 31 March 2009, by cancelling the paid-up capital to the extent of HK$0.24 on each share[...] ...
Share Reduction means the proposed reduction of share capital of the Issuer by cancellation of shares in a simplified cancellation procedure by a total amount of EUR 381,394.00 through the redemption of 381,394 fully paid-up non-par value shares of the Issuer. Sample 1Sample 2Sample 3 Based ...
theissuedsharecapitalmisrepresentsthefundavailabletopaytheco’screditors.Requirements: Articlesallow; Specialresolutionobtained; Courtconfirms(subjecttoexceptionins58(3))S58(1)Methodsofreduction:examplesinS58(1): Cancellinguncalledcapital Cancellingpaid-upcapitalwhichislost Payingoutpaid-upcapitalwhichisbeyondco...
Sign up with one click: Facebook Twitter Google Share on Facebook cash discount (redirected fromcash reduction) Financial Encyclopedia cash discount n. A reduction in the price of an item for sale allowed if payment is made within a stipulated period. ...
326 Company Capital Increase Dispute Case, it was clarified that the capital contribution paid by shareholders to the company, whether included in the registered capital or the capital reserve fund, forms the company's assets, and shareholders are not allowed to request return. According to the ...
I do know, of course, that the reality is that many of those things on my to-do list don’t absolutely have to be done. I need to show up for my counseling appointments and my classes. I need to turn in my timesheets and do my billing if I want to get paid. But all those ot...
A capital reduction is when a company reduces the amount of its share capital, which can be done by making payments to shareholders out of its capital equal to the amount of money paid by a shareholder to acquire the company's shares or by a share buyback. A capital reduction can also ...
BIG as at 31 December 2009 ofRM48,092,200 comprising 48,092,200 ordinary shares of RM1.00 each in BIG, the resultant issued and paid-up share capital of BIG following the Proposed Capital Reduction shall be reduced toRM9,618,440 comprising 48,092,200 ordinary shares of RM0.20 each in ...