A prerequisite for admission into the Second Tier Securities Market is for a company to?...

COMMERCE
JAMB 2010

A prerequisite for admission into the Second Tier Securities Market is for a company to?

  • A. make 20% of its equity share available to the public for subscription
  • B. have a minimum of 100 shareholders
  • C. have a maximum of 100 shareholders
  • D. make 10% of its equity share available to the public for subscription

Correct Answer: B. have a minimum of 100 shareholders



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