According to the release, there has also been a "reduction in DRR for
unlisted companies from the present level of 25 per cent to 10 per cent of the outstanding debentures."
Myanmar's securities regulator and the Yangon Stock Exchange are planning to establish an alternative market where investors can trade shares of
unlisted companies, the Nikkei Asian Review reported.
BANKING AND CREDIT NEWS-July 25, 2019--IDBI to sell stakes in 19
unlisted companiesGlobal Banking News-July 25, 2019--IDBI to sell stakes in 19
unlisted companiesAccording to the ITO 2001, shares of
unlisted companies are considered shares while those of public companies are treated as securities after their reclassification following their listing at the stock market.
Three percent were registered as public
unlisted companies, nonprofit associations, foreign companies and limited liability partnerships (LLPs).
Three per cent were registered as public
unlisted companies, not for profit associations, foreign companies and limited liability partnerships (LLP).
four percent were registered as public
unlisted companies, non-profit associations, foreign companies and limited liability partnerships (LLPs).
3 (three) percent were registered as public
unlisted companies and LLP.
Three percent were registered as public
unlisted companies and limited liability partnerships (LLP).
Shell companies are characterised by nominal paid-up capital, high reserves and surplus on account of receipt of high share premium, investment in
unlisted companies, no dividend income and high cash in hand.
