A company's issued share capital consists entirely of ordinary shares. These shares have been listed on a
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A company's issued share capital consists entirely of ordinary shares. These shares have been listed on a recognised stock exchange for many years and there have been frequent dealings in them within the last 12 months. The company's shares are owned as follows:
None of the shareholders are associated in any way. Is the company a close company?
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At first sight the company seems to be a close company It ...View the full answer
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