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THE COMPANIES ACT, (CAP. 50) PUBLIC COMPANY LIMITED BY SHARES MEMORANDUM OF ASSOCIATION OF OILFIELD WORKFORCE GROUP LIMITED (Incorporated in the Republic of Singapore) 1. The name of the Company is

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How to fill out a public company limited by:

1. Start by gathering all the necessary legal documents and forms required to establish a public company limited by. This may include articles of association, memorandum of association, and any other relevant paperwork.
2. Determine the location and jurisdiction in which you want to establish the company. Research and understand the specific laws and regulations governing public companies in that jurisdiction.
3. Choose a unique name for your company and check the availability for registration. Ensure that the chosen name complies with the regulations set by the local authority.
4. Determine the initial share capital for the company and divide it into shares. Specify the nominal value of each share and the number of shares to be issued at the time of incorporation.
5. Decide on the internal organizational structure of the company. This includes the appointment of directors, board members, and other officers. Define their roles, responsibilities, and powers in the articles of association.
6. Prepare the necessary financial statements, including balance sheets, income statements, and cash flow statements. These documents should accurately represent the company's financial standing.
7. Complete the application forms provided by the local authority or company registration office. Attach all the required documentation and pay the necessary fees.
8. Submit the application and supporting documents to the relevant authority. Await confirmation of successful registration or, if there are any issues, address them promptly.
9. Once the registration is approved, ensure that all legal and regulatory obligations are met. This includes filing annual reports, holding regular shareholder meetings, and adhering to any disclosure requirements.
10. Engage professional help, such as lawyers or company secretaries, to assist with ongoing compliance and governance matters.

Who needs a public company limited by:

1. Entrepreneurs or business owners who want to raise capital from the public by offering shares to investors.
2. Startups or growth-oriented companies that anticipate rapid expansion and require a substantial amount of funding.
3. Businesses that intend to list on a stock exchange to enhance their credibility and facilitate further financing opportunities.
4. Entities looking to establish transparent and well-defined corporate governance practices.
5. Companies seeking the ability to issue securities and trade them in the public market.
6. Organizations aiming to attract a wider range of investors and potential shareholders.
7. Entities planning to create a corporate structure that allows for separate legal liability, protecting individual shareholders from personal liability.
8. Businesses looking to establish a recognizable brand presence and enhance their reputation in the market.

Note: The specific requirements and regulations for forming a public company limited by may vary depending on the jurisdiction. It is always advisable to consult with legal and financial professionals familiar with the local laws and regulations before initiating the process.

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