Malaysia Hotline: +603- 2141 8908
Share Capital
A share is a security
which represents a portion of the owner’s capital in a business.
Shareholders are the
owners of the business and share the success or failure of the business.
Issued Share Capital,
or more commonly known as Paid Up Capital is the total share capital issued to
shareholders by a company and such shares have been fully paid by the
shareholders to the Company.
Shareholder
A person who owns the
shares that issued to him by a company, he shall be classified as shareholder
of that particular company.
Ordinary Shares
Ordinary shares give
holders the rights of ownership in the company, such as the right to share in
the profits, the right to vote in general meetings and to elect and dismiss
directors.
Obligations of
ownership are also conferred and this may result in the loss of an investor’s
money if the company is unsuccessful.
Ordinary shares
usually form the bulk of a company’s capital and have no special rights over
other shares.
Allotment of Ordinary Shares / New Shares
The Company can at any
time to increase its issued capital or paid-up capital by allotting new shares
to existing or new shareholders.
Any request of
allotment of new shares need to be approved by majority of existing
shareholders. As such, an Extraordinary General Meeting (EGM) will be held to
approve such motion.
The board of directors
shall then be empowered or authorized by shareholders to allot new shares.
Contact us
If you have further queries, please contact Tannet
24 hours Malaysia hotline：603-21418908;
24 hours Hong Kong hotline：852-27837818;
24 hours Hong Kong hotline：86-755- 36990589;
Email: mytannet@gmail.com
TANNET GROUP : http://www.tannet-group.net, http://en.tannet.com.my