Becoming a Public Limited?
Hi,
How much profit a firm in have to earn annualy within to own a right to issue shares or to become a PLC
Answers:
The answer depends two unknown facts: the country, surrounded by which the firm intends to position; and the stock exchange, on which the firm intends to inventory. Without these vital facts, we can donate solely broad rules, as follows:
(1) A firm may register as a PLC, even if it have no revenue or profit;
(2) As a PLC, the firm may issue and provide shares to the public; but
(3) The shares of the PLC may not be tabled or traded on any stock exchange, unless the PLC meet the minimum requirements of that precise exchange.
All exchanges own minimum requirements as to the PLC's wherewithal, revenue, profit and the resembling.
Please re-post next to these supplementary details, and we will provide spare information.
Hope this help.
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How much profit a firm in have to earn annualy within to own a right to issue shares or to become a PLC
Answers:
The answer depends two unknown facts: the country, surrounded by which the firm intends to position; and the stock exchange, on which the firm intends to inventory. Without these vital facts, we can donate solely broad rules, as follows:
(1) A firm may register as a PLC, even if it have no revenue or profit;
(2) As a PLC, the firm may issue and provide shares to the public; but
(3) The shares of the PLC may not be tabled or traded on any stock exchange, unless the PLC meet the minimum requirements of that precise exchange.
All exchanges own minimum requirements as to the PLC's wherewithal, revenue, profit and the resembling.
Please re-post next to these supplementary details, and we will provide spare information.
Hope this help.
check this intermingle its useful
http://jtty.com/lrz
.