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Answer must relate to Jamaica using the companies act 2004 Question The shareholders of Scented Candles Limited a privately owned family business, with a share

Answer must relate to Jamaica using the companies act 2004

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Question The shareholders of Scented Candles Limited a privately owned family business, with a share capital of $300,000 are contemplating whether to convert the business from a Private Limited Company to a Public Limited Company. This is part of the company's strategic objective for the year 2023. The company presently has one director, Mandy, a qualified experienced professional in the field of decorative candles, who is also the major shareholder. Perry a minority shareholder is the Company Secretary. Mandy has approached your firm of consultants for advice regarding the matter. REQUIREMENTS You are required to prepare a report advising Mandy on the following: 1) The steps/procedure involved if she decides to convert the company from a Private Limited Company to a Public Limited Company. (NB. All relevant documents should be included in your Appendix and reference should be made to these document(s) where appropriate. Students are not required to complete these documents since Mandy is only asking for information). (15 marks)

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