IM
Is this the Corporations Law of Nigeria you are talking about? or am I looking at a superseded Act, but it doesn't appear to be.
COMPANIES AND ALLIED MATTERS ACT CHAPTER 59 LAWS OF THE FEDERAL REPUBLIC OF NIGERIA 1990
Having browsed this Act, I can see that they still use a Memorandums of Articles & Association, where we changed to a Company Constitution about 20 years ago. But the general details appear to be similar.
I concentrated on Part IX, which deals with the directors.
Only difference I spotted is we can have a single director companies, in Nigeria they require a minimum of 2.
Think you need to be a bit more specific in your concerns on how KMC Nigeria is a potential threat to us.
Rod
Ann: Successful Completion of Testwork Program, page-49
Add M4M (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
1.6¢ |
Change
-0.002(11.1%) |
Mkt cap ! $65.21M | |||
| Open | High | Low | Value | Volume |
| 1.8¢ | 1.8¢ | 1.6¢ | $20.68K | 1.167M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 663921 | 1.6¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.7¢ | 192942 | 1 |
View Market Depth
| Last trade - 11.21am 11/09/2024 (20 minute delay) ? |
| M4M (ASX) Chart |