How To Check For Companies Who Might Propose Bonus Issue

Zhulian Corp Bhd, a public listed direct selling company has proposed:

• A one-for-three bonus issue of 115 million shares of 50 cents each

 • As at 30 th April 2010, Zhulian’s issued and paid-up capital stood at Rm172.5mil comprising 345 million shares and with the proposed bonus issue enlarging the issued and paid-up capital to Rm230mil

 • The [...]

May 18th, 2010 | Tags: , , | Category: Articles | Leave a comment

SOP: Conflicts of Interest

It is very important to respect the rights of the employees to privacy in their personal activities and affairs. However, management needs to make known that the employees’ transactions and relationships with outside parties must be conducted at all times on a highly ethical basis and at arm’s length.

In conducting those relationships and transactions, the sole or primary consideration must be the best interest of the company. To achieve this, we need a Statement of Policy for this.

Append below is a sample which should be able to assist us to make known to the employees:

  • the importance of conflict of interests,
  • different kind of circumstances which can directly or indirectly leads to conflict of interest,
  • the consequences in the event of violation.

Continue reading SOP: Conflicts of Interest

April 10th, 2006 | Tags: , , , , , , , , , | Category: Financial Operations, SOP | Leave a comment
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