From the Accounts Team, we have confirmed that Sicilia Co. Ltd. has not paid its full paid-up capital. As per the attached document, Sicilia Co. Ltd. has deposited BDT 18,15,000 (USD 15,000), which corresponds to 18,150 shares.
Monobaton Co. Ltd. intends to invest USD 20,000, which will be used as follows:
USD 15,000 to be deposited into Sicilia Co. Ltd.’s account to purchase 18,150 shares (via share transfer).
USD 5,000 (BDT 605,000) to be deposited into Monobaton Bangladesh Limited’s account for the allotment of 6,050 new shares.
Therefore, Monobaton Co. Ltd. will receive a total of 24,200 shares:
18,150 shares from Sicilia Co. Ltd. (transfer)
6,050 shares from Monobaton Bangladesh Limited (allotment)
Please note that although the MOA shows Sicilia Co. Ltd. holding 36,300 shares, and they must deposit the full amount for accounting purposes, RJSC allows the share transfer even if the full amount has not been deposited
Summary for Quotation
Share Transfer: 18,150 shares
Share Allotment: 6,050 shares
These points should be followed when preparing the quotation.