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What is Corporate Charter and Share Transactions about?

A Corporation was chartered on June 1, 2024, authorized to issue 100,000 ordinary shares and 40,000 preference shares. The incorporators initially subscribed and paid 25% of their shares, with various transactions occurring throughout June, including share sales and exchanges for assets. Notable events included the issuance of shares for land, payment of incorporation fees, and settlement of subscriptions with cash and assets.

Author

Cherry An Gacula

Language

EN