AUE 1601 ASSIGNMENT 2
Johns Hopkins University
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AUE 1601 ASSIGNMENT 2
- Exam (elaborations) • 9 pages • 2021
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AUE1601 Assignment 2 
QUESTION 1 
1.1 
The companies Act requirements that should be met on the issue of 150 000 shares by Property Invest’s 
Board of Directors include the following ; 
 The board of directors has authority to issue shares to both shareholders and Realty Invest (Pty) 
Ltd the subsidiary of by Property Invest. 
 Shareholders must receive a notice for the issue of shares to Realty Invest (Pty) Ltd the subsidiary 
of by Property Invest. 
 A special resolution is required...
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