The following are the main difference between a debenture and a share: • A person having the debentures is called debenture holder whereas a person holding the shares is called shareholder. • Debenture holder is a creditor of the company and cannot take part in the management of the company while a shareholder is the owner of the company. It is the basic distinction between a debenture and a share • Debenture holder is a creditor of the company and cannot take part in the management
Premium Shareholder Share Stock market
Preference Shares As in section 4 of Company Act 1965‚ it interpret preference share as “a share by whatever name called‚ which does not entitle the holder thereof to the right to vote at the general meeting or to any right to participate beyond a specified amount in any distribution whether by way of dividend‚ or redemption‚ in wind up‚ or otherwise.” (the library book) Besides that‚ section 66(1) of Company Act 1965 also states that “No company shall allot any preference shares or convert any
Premium Stock market Stock Democracy
transfer of shares 1. The transferor and transferee are required to execute a share transfer form under their common seals (if they are corporations) in accordance with their respective Constitution/Articles of Association. 2. The transfer is subject to ad valorem duty payable to the Commissioner of Stamp Duties (“Commissioner”). The current stamp duty payable on the transfer of shares is 20 cents for every S$100/- or part thereof of the consideration for the sale of the shares or the
Premium Net asset value Stock Corporation
REPURCHASE OF SHARES In the past two decades‚ major U.S. corporations have increasingly repurchased significant amounts of their own common shares. The reasons for this development and its implications for the theory of share valuation and public policy‚ however‚ have been subject to numerous‚ and often conflicting‚ interpretations. The repurchase of shares is not legal under all codes of law; but in the countries where it is legal‚ it opens up a variety of opportunities for gains for the stockholders
Premium Dividend Stock market Stock
obsolescence is material- nearly a 20 percent reduction in income will result. If you can sell the inventory in a foreign market‚ legally‚ there will be no write-down and no income reduction. A reduction of that magnitude would substantially lower share market price‚ which in i=turn would lead your large your large‚ institutional shareholders to demand explanations and possibly seek changes in your company’s board of directors. In short‚ the write-down would set off a wave of events that would change
Premium Stock Marketing Stock market
The terms Lien of shares‚ Surrender of shares & Forfeiture of shares are explained in detail as follows : Lien of shares : A lien is the right to retain possession of a thing until a claim is satisfied. In the case of a company lien on a share means that the member would not be permitted to transfer his shares unless he pays his debt to the company. The articles generally provide that the company shall have a first lien on the shares of each member for his debts and liabilities to the company
Premium Stock Shareholder Share
------------------------------------------------- Differences between preference shares and debentures * Preference Shareholders are effectively owners; debenture-holders are creditors. * Preference Shareholders may vote at AGMs and be elected as directors; debenture-holders may not vote at AGMs or be elected as directors. * Preference Shareholders receive profit in the form of dividends; debenture-holders receive a fixed rate of interest. * If there is no profit‚ the shareholder
Premium Stock Stock market Debt
react if Gainesboro repurchased its shares? Should Gainesboro do so? Repurchasing shares or share buyback: – Open market repurchases (buy over time as other investors) – Tender offer (buy shares at a precise date) – Targeted repurchase (buy from major shareholder There are ways for shareholders to receive cash without being paid dividends. A firm can buy back some of its shares with the advantage being that most investors are not taxed as heavily on shares sold as they are on dividends received
Premium Stock market Finance Stock
into the first main point of the body. A connective is not required here but may be used if desired. For information on connectives‚ review pages 177-178 of your textbook. Skip a space above and below connectives.) BODY I. A single complete sentence expressing the main point of this section of the speech A. Sub point [As with main points‚ sub points should be written in full sentences.] 1. Sub-sub point [Write sub-sub points in full sentences.] 2. Sub-sub point B. Sub point moving from the introduction
Premium Linguistics Sentence Logic
“cut-throat” competition. Automation of one’s point of sale and inventory system puts you a step ahead in the game. It helps you conduct business transactions with ease as you only have to press a few keys. It liberates you from countless paper works as computation of the day’s sale and keeping track of inventory are done automatically. With these things in mind‚ the proponents hopes that upon completion of this Proposed Point of Sale and Inventory System‚ will find it of great
Premium Receipt Computer The Sale