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SECURITIES AND EXCHANGE COMMISSION SEC FORM 17C CURRENT REPORT UNDER SECTION 17 OF THE SECURITIES REGULATION CODE AND SRC RULE 17.2(c) THEREUNDER 1. 19 July 2018 Date of Report (Date of the earliest

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How to fill out change in par value

01

Determine the current par value of the company's shares.

02

Review the company's articles of incorporation or bylaws to verify the process for changing the par value.

03

Call a meeting with the board of directors or shareholders to discuss and approve the change in par value.

04

Prepare a resolution or amendment document to reflect the change in par value.

05

File the resolution or amendment document with the appropriate government agencies or regulatory bodies, such as the Secretary of State.

06

Update the company's official documents, such as share certificates or stock ledgers, to reflect the new par value.

07

Notify any relevant stakeholders, such as investors or financial institutions, about the change in par value.

08

Review and update any legal agreements or contracts that reference the par value of the company's shares.

09

Ensure compliance with any applicable laws or regulations related to par value changes.

10

Keep proper records and documentation of the change in par value for future reference and audits.

Who needs change in par value?

01

Companies that want to adjust the value assigned to their shares may need to change the par value.

02

This can be relevant in situations such as a stock split, merger, acquisition, or significant changes in the company's financial position.

03

Certain legal or regulatory requirements may also necessitate a change in par value.

04

Shareholders, investors, and financial institutions may require accurate and up-to-date par value information for various purposes, including valuation and financial analysis.

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What is change in par value?

The change in par value refers to altering the nominal value of a company's shares, typically done through an amendment to the articles of incorporation.

Who is required to file change in par value?

Any company that wishes to change its par value must file the necessary paperwork as required by the relevant governing body or regulatory authority.

How to fill out change in par value?

To fill out a change in par value, companies must prepare the appropriate documentation, including the amendment to the articles of incorporation, and submit it to the appropriate governing body or regulatory authority.

What is the purpose of change in par value?

The purpose of changing the par value of a company's shares can vary, but it is often done to reflect a change in the company's financial position, market conditions, or shareholder equity.

What information must be reported on change in par value?

The information required to be reported on a change in par value typically includes the current par value, the proposed new par value, the reasoning behind the change, and any other relevant details.

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