HLC2023 Recap

Shares is a representation of whose interest in a company?

• Company

• Employees

• Shareholders

Which of the following are the classes of shares that we learned in class?

• Ordinary Shares

• Preference Shares

• Management Shares

Can we change the rights attached on a class of share?

• Yes

• No

Why does a company do a share buyback?

• To increase the value of the shares

• To prevent a hostile takeover

• To return surplus cash to shareholders

• To increase the capital of the company

Which of the following refers to 'paid-up capital'?

• Authorized capital of the company able to be sold to others

• Funds injected into a company by selling shares to another person

• Funds calculated as an amount after deductions of liabilities

Can a meeting be conducted alone?

• Yes

• No

Which of the following are the reasons for conducting a meeting?

• Decision making

• As check-and-balance

• As the right of a shareholder

Which type of meeting will be conducted to see the audited financial statements of the company?

• Board Meeting

• Annual General Meeting

• Shareholders' Meeting

What is the notice period to call for AGM of a private company?

• At least 21 days before the meeting

• At least 14 days before the meeting

• At least 7 days before the meeting

• During the day of the meeting

Which of the following refers to: Decision made by members after the meeting is concluded?

• Agenda

• Motion

• Resolution

• Minute of Meeting