01-25-2010, 02:16 AM
Dear
Company cannot issue shares at discount without the prior approval of SECP.
Special Rsolution from memebers also required for application to SECP,the maximum rate of discount allowed by SECP is 10%.
Further information is given in the Companies Ordinance
Regards,
Majid
Company cannot issue shares at discount without the prior approval of SECP.
Special Rsolution from memebers also required for application to SECP,the maximum rate of discount allowed by SECP is 10%.
Further information is given in the Companies Ordinance
Regards,
Majid