capital of the Company in issue on the Effective Date (the “CapitalReduction”)so that each issued Consolidated Share shall be treated as one fully-paid up Consolidated Share of HK$0.01 inthecapital of theCompany(the“Reduced Share”)and any liability of the holdersofReducedShares to make ...
The Company is pleased to announce that, following formal approval by the High Court of Justice (the "Court") of the cancellation of the share premium account of the Company and the reduction in the nominal value of each issued fully paid-up ordinary share in the capital of the Company to...
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[...] ...
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. ...
Contributed share capital, including share premiums the capital redempti on reserve, should be returned to members only on winding-up the co. Table A, art 117,, provides that dividends must be paid only out of profits and in accordance with the provision of Part IIA of CO which provides a...
large amount of accumulated losses and or some of the assets are overvalued/overstated some of the assets are fictitious Illustration: Balance Sheet Of XYZ Ltd $ The above illustrates that XYZ Ltd has unwisely eroded its paid up share capital from $600,000 to $50,000...
athe paid-up share capital 已付的股本[translate] aFlower thron 花thron[translate] athey say that to be succesful 他们说那是成功的[translate] a- Where's all your gear? -在哪里是所有您的齿轮?[translate] aThe receipt of that order 那秩序的收据[translate] ...
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 ...
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 ...