I went for the next session of the Corporate Governance course last Thursday. This time the session is on share transfer, capital and allotment. Every company needs shares when it was set up. The question is how much, and how it is distributed.
Apparently companies used to have to come up with an authorised share capital, then after that there would be an issued share capital and actual paid-up share capital. But now there is no more authorised share capital, just issued and paid-up capital, giving potential entrepreneurs the flexibility and ease to start businesses with minimal capital.
I also learnt the allotted shares with regards to mergers and acquisitions and amalgamations, and the differences between these aspects. At least now I am more able to understand how to help my company better with its massive restructuring!
There will be just two more sessions of the course, but already I have learnt so much! Looking forward to more things for the remaining sessions!
Apparently companies used to have to come up with an authorised share capital, then after that there would be an issued share capital and actual paid-up share capital. But now there is no more authorised share capital, just issued and paid-up capital, giving potential entrepreneurs the flexibility and ease to start businesses with minimal capital.
I also learnt the allotted shares with regards to mergers and acquisitions and amalgamations, and the differences between these aspects. At least now I am more able to understand how to help my company better with its massive restructuring!
There will be just two more sessions of the course, but already I have learnt so much! Looking forward to more things for the remaining sessions!
1 comments:
This is a must read post! Especially for those readers who are concern to the economic status. Do you have any information about capital convertibility? They keep talking it on news and I don't know what is that. Anyway, I saw a great site about Capital Accounts Collection Agency, they have a lot of information there about capital accounts.
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