Unlisted Company

Unlisted Company

A company with stock that is not traded on an exchange. Very often, unlisted companies are very small and do not trade on an exchange because they do not meet market capitalization requirements. Unlisted companies may be traded informally (theoretically, one may stand on a street corner and sell his/her stocks), but the term usually refers to companies traded through a dealer network. See also: Over-the-counter.
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The SECP had previously specified that every public listed and public unlisted company shall maintain a functional website with effect from August 30, 2014.
Kenya-based Pan-Africa Insurance has said that it is in talks to purchase a stake in Gateway Insurance, an unlisted company.
The family-owned and unlisted company, run by 89-year old patriarch Michele, had revenues of 8.
1% interest SP AusNet and a 40% stake in Jemena, an unlisted company that owns electricity and gas distribution and transmission assets in Victoria, New South Wales, Queensland and the Australian Capital Territory.
The Sukuk transaction was also the first time a previously unlisted company has listed Sukuk (rather than equity) on Tadawul and the first time that the issuer was a special purpose vehicle.
In addition, 29 single-member companies, 1 public unlisted company, 5 non-profit associations and 6 foreign companies got registered.
Minergy Limited is an unlisted company incorporated in the British
North Clermont Coal is an unlisted company based in Australia.
Of the 280 companies, a public unlisted company in the miscellaneous sector, has been registered with the highest authorised capital of Rs250 million, followed by two private limited companies, one in the leather sector with the authorised capital of Rs241 million and the other in the construction sector, with the authorised capital of Rs200 million.
An unlisted company that does corporate restructuring and proposes to make an IPO will now be required to make disclosures in the draft red herring prospectus," Sebi chairman C.
While continuing to believe the offer of 845p a share undervalued its prospects, Venture said shareholders who did not accept the offer risked being left with a minority interest in an unlisted company.
Venture believes the 845p-a-year offer undervalued its prospects, but warned that shareholders who failed to accept risked being left with a minority interest in an unlisted company.