how will i get cash repayment?

greddym3 — Thu, 11 Nov 2010 16:09:02 +0800

i hold some shares in GCORP.this is their announcement:

Pursuant to the Master Sale and Purchase Agreement dated 19 May 2010 between the Company and Consistent Record Sdn Bhd ("CRSB") in relation to the disposal of the entire business and undertaking of our Company (including all of our assets and liabilities) to CRSB for a total consideration of RM505,043,864.20, CRSB has proposed the voluntary winding-up of the Company ("Proposed Winding-Up"). The Board will accordingly seek the approval of the shareholders of the Company at an extraordinary general meeting to be convened for the Proposed Winding-Up.

The Proposed Winding-Up will facilitate the distribution to the Company's shareholders [other than CRSB, the Relevant Family Members and PAC (both as defined in the Circular to shareholders dated 5 August 2010)] the sum of RM1.70 cash per GCB Share.

do they distribute directly to bank account like e-dividend? anyone can explain.thanks

p/s:share is rm1.60 now.risk-free gain 10sen.thats why i buy

paid up capital

greddym3 — Tue, 18 Mar 2008 21:08:49 +0800

hye..just want to ask simple question

1.what is paid up capital vs authorised capital ?
2.if u have paid up capital rm100k means what?
3.how to pay? where to pay? pay to who ?

sorry im newbie in business hehe...

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how will i get cash repayment?

paid up capital