622 Redenomination of share capital

Redenomination of share capital

622  Redenomination of share capital

(1)     A limited company having a share capital may by resolution redenominate its share capital or any class of its share capital.

“Redenominate” means convert shares from having a fixed nominal value in one currency to having a fixed nominal value in another currency.

(2)     The conversion must be made at an appropriate

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