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FOUR [25] Success Limited registered with the CIPC and the Certificate of Commencement was issued on 1 July 2022. Authorised share capital was granted as

FOUR [25] Success Limited registered with the CIPC and the Certificate of Commencement was issued on 1 July 2022. Authorised share capital was granted as follows: 900 000 Ordinary shares of R2 each, and 400 000 10% Preference shares of R5 each The following transactions took place for the year ended 30 June 2023. 2022 4 July The Founders resolved to purchase 100 000 Ordinary shares at R2 each and 20 000 10% Preference shares at R5 each. The share certificates for the Ordinary shares and the 10% Preference Shares were issued to the Founders as agreed. 7 July Upon receipt of the share certificates, the Founders paid in full as resolved. 2 Sept The

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