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Shareholding by Trusts

Shares in a company can only be held and registered in the name of (ie, be legally owned by) a real person (singularly or jointly...

Shareholders’ Agreement

Shareholders in a company (particularly if there are only a few and/or a company is formed for a special purpose) often enter into a Shareholders’ Agreement...

Shareholders

The shareholders (members) of a company are the owners of the company. In some companies the members do not hold shares; they are merely co-owners with a...

Shareholder Meetings – Questions

You have asked me to advise on the ability of shareholders to speak and/or ask questions at the Annual General Meeting. I think the first and foremost...

Shareholder Information to Centrelink

For your information, in my capacity as Company Secretary I have received a written request from Centrelink to provide them with information in relation to a...

Shareholder Changes

Details of shareholders (members) of a company – and any changes thereto – must be recorded in a register (Register of Members/Shareholders, or Share Register) pursuant...

Share Dealing Policy

The company is a Disclosing Entity (“DE”) under section 111AC of the Corporations Act – even though it is not listed on any stock exchange –...

Share Consolidation for Listing

As you are aware, before we can finalise the prospectus for the capital raising in conjunction with our listing on the ASX we will need...

Share Consolidation / Sub-Division

A company may convert its shares into a larger or smaller number by shareholders simply passing an ordinary resolution at an (Extraordinary) General Meeting . Such a...

Shareholder Changes – Public Companies

The requirements for public companies to provide individual shareholder details/ changes to ASIC are different to/not as stringent as those applying to proprietary limited (Pty Ltd)...

Reduction in Share Capital – Private Company

You have requested advices on how we, as a Proprietary Limited (Pty Ltd) company, can ‘remove’ the 40 or so shareholders not ‘connected’ to the directors,...

Share Capital Reduction / Cancellation

A company may reduce its share capital, generally speaking, only in one of two ways:- Share buy-back; or Share capital reduction. A reduction in a company’s share capital occurs when...

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