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Need your advice urgently on paid-up capital

New MessageNeed your advice urgently on paid-up capital (modified 0 times) Norri
Hi,
I have a question regarding paid-up capital.
For instance, a company has to comply with the min. requirement sets by the authority.
The min. requirement of paid-up capital that the company has to comply with is RM10 million and the company issues 10 million no of shares at RM2 each (at premium).

Question: Which value is the company's paid-up capital, is it RM10 million (exclusive of premium amount/at par price of RM1) or RM20 million including the premium?

Thank you.

26 May, 2008 16:21:54

New MessageRE:Need your advice urgently on paid-up capital (modified 0 times) reliance
hi!

sorry i don't have an answer for your question. i only want to make a remark through your thread.
in the main page there's 19 threads. 0 reply for 17 threads / 1 reply for 1 thread / 3 replies for 1 threads...
i wonder what's wrong with this forum??? are people mean to advice and help each other???
i 'm a member of other overseas forums and i assure you its really amazing to take part in it as there's lots of postings and replies as well.

move it a bit friends, please make it an amazing forum

31 May, 2008 17:38:20


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