We were paid cash and the companies were NTC, ZNT and MUA. These companies were acquired for share prices higher than I had bought each of them on the market.
Also what are the tax implications if I have incurred loss from the sale of shares in this financial year, however, I have noted earlier that I made profit from the acquisition of the aforementioned companies. Will I be taxed at 30% tax rate for holding them for less than 12 months even If have incurred loss from overall sale of shares in the last financial year.