manufacturing company in Bangladesh. Keya is a popular brand name at every corner of Bangladesh for super quality of the products within affordable price. Located at Jarun‚ Konabari‚ Gazipur covering an area of 28‚800sft‚ the company began its production in 1997 with a state-of-art manufacturing facility and has a strong workforce of 744 people. Incorporated in the year 1996 as a Private Limited Company Keya Cosmetics Ltd. has been converted as a Public Limited Company in the year 1999. Initial public offering
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the advantages and disadvantages for a company going public? An initial public offering (IPO) is the first sale of stock by a company. Small companies looking to further the growth of their company often use an IPO as a way to generate the capital needed to expand. Although further expansion is a benefit to the company‚ there are both advantages and disadvantages that arise when a company goes public. There are many advantages for a company going public. As said earlier‚ the financial benefit
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Companies Overview * Shakarganj Mills LTD.: Shakarganj Mills Limited was incorporated in Pakistan in 1967 as a Public Limited Company and is listed on all three stock exchanges of Pakistan. It is a leading manufacturer of food products‚ industrial ethanol and particle board as well as textiles. It is working hand in hand with the Dairy Industry of Pakistan to improve milk productivity and animal health. * Desconoxychem LTD.: Descon is one of the largest conglomerates in Pakistan
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Assignment On FORMATION OF COMPANY AND PUBLIC & PRIVATE LTD COMPANY SUBMITTED BY: Sadia Kamal Shifa Roll No: Course: SUBMITTED TO: FORMATION OF COMPANY: A joint stock company is a company whose capital is divided into shares and the liability of whose shareholders is limited to the par value of the shares respectively held by them. Joint stock companies fall under two distinctive categories. The first category consists of a company whose promoters secure a portion of its share capital by
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hut like a sole trader company Sole trader companies are the ones which are opened individually. For example‚ there is one person and he fascinated about doing business so he can invest money into the business and he has to do it by himself. It means he has to find out where can sources of finance come and how to control it because he must work by himself without shareholders. There are some sources of finances as follows: * Retained earnings: this is profits of a company after removing taxes
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FORMATION OF A COMPANY I. Promotion : Refers to the entire process by which a company is brought into existence. It starts with the conceptualisation of the birth a a company and determination of the purpose for which it is to be formed. The persons who conceive the company and invest the initial funds are known as the promoters of the company. The promoters enter into preliminary contracts with vendors and make arrangements for the preparation‚ advertisement and the circulation of prospectus
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The Companies Act‚ 1956 Sec 1 Short title‚ and commencement (1) This Act may be called the Companies (Amendment) Act‚ 2000. (2) The provisions of this Act‚ other than sections 7 and 75‚ shall come into force at once and sections 7 and 75 shall come into force on such date as the Central Government may‚ by notification in the Official Gazette‚ appoint. Sec 2 Definitions In this Act‚ unless the context otherwise requires‚ (1) "abridged prospectus" means a memorandum containing such salient features
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Business sector – Private/Ltd (Limited Trade Company) A limited trade company is a company in which the liability of members or subscribers of the company is limited to what they have invested or guaranteed to the company. Limited companies may be limited by shares or by guarantee. And the former of these‚ a limited company limited by shares‚ may be further divided into public companies and private companies. Who may become a member of a private limited company is restricted by law and by the
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Scenario of company limited by shares Joseph forms a company limited by shares which he representing a sole shareholder and sole director of the limited company while Germany has been employed as the secretary of the limited company. Joseph agrees to subscribe 2 shares in the company and he had made the full payment. During the business operations‚ the limited company earns profit initially. After few years‚ declines in demand of their products caused the company started to make severe losses and
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4.0 Definition of SME An SME is defined as‚ “A firm managed in a personalized way by its owners or partners‚ which has only a small share of its market and is not sufficiently large to have access to the stock exchange for raising capital”. SMEs ordinarily have few accesses to formal channels of finance and depend primarily upon savings of their owners‚ their families & friends. Consequently‚ most SMEs are sole proprietorships & partnerships. As with all definitions
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