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    POA Chap 7

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    Lau Chun Gui
    1. The document defines key terms related to a company's share capital such as authorized capital, issued capital, par value, and preference shares. 2. It discusses the features of ordinary shares such as voting rights and no maturity date, as well as how dividends are distributed from profits. 3. Preference shares are described as having a fixed dividend rate and priority over ordinary shares in the event of liquidation.

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    POA Chap 7

    Uploaded by

    Lau Chun Gui
    24 views4 pages
    1. The document defines key terms related to a company's share capital such as authorized capital, issued capital, par value, and preference shares. 2. It discusses the features of ordinary shares such as voting rights and no maturity date, as well as how dividends are distributed from profits. 3. Preference shares are described as having a fixed dividend rate and priority over ordinary shares in the event of liquidation.

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    1. The document defines key terms related to a company's share capital such as authorized capital, issued capital, par value, and preference shares. 2. It discusses the features of ordinary shares such as voting rights and no maturity date, as well as how dividends are distributed from profits. 3. Preference shares are described as having a fixed dividend rate and priority over ordinary shares in the event of liquidation.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views4 pages

    POA Chap 7

    Uploaded by

    Lau Chun Gui
    1. The document defines key terms related to a company's share capital such as authorized capital, issued capital, par value, and preference shares. 2. It discusses the features of ordinary shares such as voting rights and no maturity date, as well as how dividends are distributed from profits. 3. Preference shares are described as having a fixed dividend rate and priority over ordinary shares in the event of liquidation.

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    © All Rights Reserved
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    POA

    Lecture 7
    Notes
    -
    Objective
    ① Nature of company
    Definitions
    ② various adjustments required
    for company accounts 4g Par Value : Nominal value assigned
    48 Authorised : Max no of the shares
    .

    the company is allowed to issue


    capital
    LB Issued : Actual no . of shares outstanding /
    capital sold to shareholders

    LP share capital : a company obtain share by


    issuing comp_shaany
    it is the voting rights +
    Grantownership rights
    that gives
    Types of shares issued by companies
    common/ Preference
    Ordinary F-exjs-y-fympo.mg Share
    Shares

    Features
    Riskisincludedhg
    ins.H.F-quitymi.es
    ↳ Voting right
    -
    exercise control overaffairs or
    the
    company
    ↳ No maturity date
    Dividends-71T -10s
    .tl =

    Ordinary
    .

    -
    distribute of Tv after tax
    Notes:# divare only paid @ the discrete of the board of director#
    * : not fixed amtx
    PILI
    °
    °

    legiai tj
    "

    Previous Invest
    " .o
    .

    =
    liquidity
    = =
    = needtohave
    Practice Upp Div declared cash avail
    exceed
    must not topaydiv
    * stable divkecommd profitable
    investment
    balance in
    retained
    acct
    earning
    11
    Div-signaltos.tl - abt
    give less pay "m#
    thank

    company performance
    's divd

    cutindi-v-wwngsignaixxx-s.tl
    .
    sell share *

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