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No right to share

Release Date:2012-05-09  Hits:462
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Not entitled to shares of the voting rights shares, under the provisions of the laws and articles of association management services, the Corporation does not enjoy voting stock. Accordingly, the holders of such stock shareholders the right to participate in the company's management. In corporate practice, not entitled to the stock and rare World pipe network reported that the world's steel pipe network to provide the world's steel pipe network editor . Is often the case, no right to the stock, mostly restricted to the preferred stock, cumulative preference stock. Their real priority is the distribution of income and surplus assets in satisfaction as the compensation of non-voting. Issue no right to the purpose of the stock, is to meet the needs of investors unwilling to participate in company management in order to obtain the investment interest World Steel Pipe News , and help speed up the raising of capital, while the control of a few large shareholders of the Corporation will also help keep the company the stability of the business activities.

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