Issuance of Shares without nominal value

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Issuance of Shares without nominal value

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On July 27 of the year 2017, the Law 5810/17 “On the Stock market” came into force. The aforementioned standard introduced some modifications that affect the Open Capital Issuing Companies. One of them is that the Exchange may take custody of shares and that the negotiations they may be made electronically. Without a doubt, it constitute a very important step for the country because it facilitates that the actions can be placed at the moment with its real value taking into account, among other things, its performance and value of the market.

http://www.cnv.gov.py/normativas/leyes/ley_no_5810_17.pdf

Author: admin

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