A proprietary company is a form of privately held company in Australia and South Africa that is either limited or unlimited. However, unlike a public company there are, depending on jurisdiction, restrictions on what it can and cannot do.
In Australia, a proprietary company is defined under section 45A(1) of the Corporations Act 2001 (Cth).[1]
The Act puts certain restrictions on proprietary companies such as not permitting them to have more than 50 members (shareholders). Another important restriction relates to fundraising. A proprietary company must not engage in fundraising that would require a disclosure document such as a prospectus, an offer information statement, or a profile statement to be issued (sec.113(3)). The Act states in which circumstances a company must issue a prospectus when attempting to raise funds. This means that a proprietary company must not offer its shares to the public.
Section 45A of the Act also distinguishes proprietary companies as either "large proprietary" or "small proprietary". The differences here relate to issues such as operating revenue, consolidated gross assets, and the number of employed persons.
Large proprietary companies are required to appoint an auditor and lodge appropriate financial statements with the Australian Securities and Investments Commission (ASIC).
Dynamic Supplies Investments Pty. Ltd.
Status: Registered
Australian Company Number: 088062837
Australian Business Number: 52088062837
Registration date: 1999-06-15
Type: Australian proprietary company
Class: Limited by Shares
Subclass: Proprietary other
last updated 15.06.2017
Description
Dynamic Supplies Investments Pty Ltd is a limited by shares Australian proprietary company. Located at QLD 4172 since 2011-06-09 the company is, as the updated on 2015-04-27 ABN database shows, registered. The company has been registered for Goods & Services Tax since 2000-07-01. Known company numbers for Dynamic Supplies Investments Pty Ltd are as follows: ACN - 088062837, Australian Business Number - 52088062837. Dynamic Supplies Investments is one of the trading names this company has used, to be specific, the trading names list includes 1 position that is Dynamic Supplies Investments since 2000-06-02. Their official company name changed on 2000-06-02 to Dynamic Supplies Investments Pty Ltd. The company had used this name up until 2000-10-10. Additionally they had used Dynamic Supplies Investments Pty Ltd from 1999-12-01 to 2000-06-02. This Australian proprietary company was previously located in QLD 4109 (from 2006-04-02 to 2011-06-09), QLD 4109 (from 2000-06-02 to 2006-04-02).
- Forums
- ASX - By Stock
- EGO
- Ann: Becoming a substantial holder
Ann: Becoming a substantial holder, page-3
-
- There are more pages in this discussion • 78 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)