Company Secretarial Practical Training Series (Elementary): Share Capital (Private Companies): Basic Concept, Practice and Application

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Category
Webinar
Date
05 Aug 2020 16:00 - 17:30
Organizer
The Hong Kong Institute of Chartered Secretaries (HKICS)
Chairman
Frances Chan
Speaker
Ms YT Soon Ms Mildred Chan
Level
Elementary
Language
Cantonese

In this seminar, the speakers will share their practical experience in dealing with the following matters under the Companies Ordinance, Cap. 622:

  • No-par value regime and abolition of authorized share capital
  • Practical issues for companies incorporated before the no-par value regime
  • Alteration of share capital, including:
    • Permitted capital alteration under section 170
      • increase of share capital by allotting and issuing new shares
      • increase of share capital without allotting and issuing new shares
      • capitalization of profits, with or without allotting and issuing new shares
      • issue of bonus shares with or without increasing share capital
      • conversion of shares into a larger or smaller number of shares
      • cancellation of shares
    • Redenomination of share capital under section 172
 
 

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