(i) Companies must be registered as private limited liability companies. (ii)Companies must not have less...
COMMERCE
JAMB 1998
(i) Companies must be registered as private limited liability companies. (ii)Companies must not have less than 100 shareholders (iii) No shareholder may have more than 75% of issued shared capital. What of the above are requirements for admission into the second-tier securities market?
- A. i and ii only.
- B. i and iii only
- C. i, ii and iii only
- D. ii and iii only.
Correct Answer: D. ii and iii only.
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