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RemarksC081742023Pursuant to the relevant provisions of the Memorandum of Understanding (YOU) By and Between the Philippine Stock Exchange, Inc. (PSE) and the Securities and Exchange Commission (SEC)
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How to fill out common shares fully paid

01
To fill out common shares fully paid, follow these steps:
02
Determine the total number of common shares.
03
Calculate the par value per share, which is the minimum price at which the shares can be issued.
04
Determine the amount of money to be paid per share, which should be equal to or greater than the par value.
05
Multiply the total number of common shares by the amount to be paid per share to calculate the total amount of money to be paid.
06
Prepare the necessary documentation, including share certificates and shareholder agreements.
07
Allocate the fully paid common shares to the individuals or entities that will be the shareholders.
08
Obtain the signatures of the relevant parties to acknowledge the issuance of the fully paid common shares.
09
Maintain records of the fully paid common shares issued for future reference and compliance purposes.

Who needs common shares fully paid?

01
Common shares fully paid are needed by individuals or entities who want to become shareholders of a company and are ready to invest their capital upfront.
02
Investors, both individual and institutional, who are looking for long-term ownership in a company may seek common shares fully paid.
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Companies that aim to raise capital by issuing shares may issue common shares fully paid to attract investors and provide them with ownership rights in the company.
04
Startup founders or entrepreneurs who want to distribute ownership among co-founders or key employees may use common shares fully paid as a means of equity distribution.
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Common shares fully paid refers to equity securities that have been fully paid for by the shareholders, meaning that the investors have paid the full par value or agreed purchase price for the shares issued to them.
Companies that issue common shares fully paid are required to file with the appropriate regulatory body, usually for compliance and record-keeping purposes.
To fill out common shares fully paid, provide the required information such as the number of shares issued, the par value per share, the total amount paid, and details of the shareholders.
The purpose of common shares fully paid is to signify that the shareholders have completed their payment obligations, thus entitling them to the rights associated with ownership of those shares.
Information that must be reported includes the number of shares issued, details of the issuing company, the total consideration received, and records of shareholders.
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