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Form 604 Corporations Act 2001 Section 671BNotice of change of interests of substantial holderTo Company Name/SchemeSouthern Cross Electrical Engineering LtdACN/ARSN009 307 0461. Details of substantial
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How to fill out change in substantial holding
How to fill out change in substantial holding
01
Obtain the appropriate form for reporting a change in substantial holding.
02
Fill in the details of the entity or individual making the disclosure.
03
Provide information about the existing holding before the change.
04
Specify the nature of the change in holding, including the number of shares or percentage change.
05
Include the date of the change in holding.
06
Sign and date the form to certify that the information provided is accurate.
07
Submit the completed form to the relevant regulatory authority.
Who needs change in substantial holding?
01
Shareholders who acquire or dispose of significant amounts of shares.
02
Companies listed on a stock exchange that must comply with reporting regulations.
03
Financial institutions and investment funds managing substantial equity portfolios.
04
Any entity subject to local laws governing substantial shareholding disclosures.
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What is change in substantial holding?
Change in substantial holding refers to the alteration in the ownership percentage of voting securities in a company that meets a specified threshold, typically indicating that an individual or entity has acquired or disposed of a significant portion of their holdings.
Who is required to file change in substantial holding?
Individuals or entities that have substantial holdings in a company, typically those who own more than a certain percentage of the company's shares, are required to file a change in substantial holding.
How to fill out change in substantial holding?
To fill out a change in substantial holding, the required form must be completed with details including the identity of the holder, the nature of the change, the number of shares involved, and any changes in ownership percentages. Relevant supporting documents may also be required.
What is the purpose of change in substantial holding?
The purpose of change in substantial holding is to provide transparency in corporate governance by informing regulators and the public about significant changes in ownership that may affect control and influence over the company.
What information must be reported on change in substantial holding?
Information that must be reported includes the identity of the shareholder, the number of shares acquired or disposed of, the date of the transaction, the nature of the interest, and any relevant agreements or arrangements.
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