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26 April 2022Taxation of the Dividend Payable on 19 May 2022 Further to the Company\'s announcement made on 27 February 2022, with respect to the contemplated payment of final dividend for the year
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What is certificate of designation of?
A certificate of designation is a formal document filed by a corporation that specifies the terms of a particular series or class of shares, detailing their rights, preferences, and limitations.
Who is required to file certificate of designation of?
Corporations are required to file a certificate of designation when they create a new class or series of shares stock that has distinct rights or preferences.
How to fill out certificate of designation of?
To fill out a certificate of designation, provide the corporation's name, the type of shares being designated, the number of shares in the series, the rights and limitations of those shares, and any other required information in accordance with state law.
What is the purpose of certificate of designation of?
The purpose of a certificate of designation is to formally outline the specific rights and characteristics of a new series or class of shares, ensuring that shareholders and potential investors are informed of their terms.
What information must be reported on certificate of designation of?
The certificate of designation must report the corporation's name, the designated series or class, the number of shares, rights and preferences of the shares, and the voting rights, if any.
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