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Corporate Governance, Companies Act & King IV

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AAA Exams › Corporate Governance, Companies Act & King IV

  • This topic has 1 reply, 2 voices, and was last updated 11 months ago by Kim Smith.
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    Posts
  • February 22, 2022 at 2:12 pm #649110
    valentinoh
    Member
    • Topics: 1
    • Replies: 1
    • ☆

    Good day,
    Can anyone please help me with the scenario below, I need a refresher.

    I have 2 shareholders, A (49%), B (51%) own ABC P/L. ABC P/L own 100% of DEF P/L. ABC plans to sell 100% stake in DEF to shareholder B. What are the steps to follow according to RSA Companies Act and King IV recommendation? Meetings, Notices, Shareholders, Directors? Also please help with sections.

    February 22, 2022 at 2:22 pm #649111
    Kim Smith
    Keymaster
    • Topics: 100
    • Replies: 6789
    • ☆☆☆☆☆

    There are no Companies Act specifically examinable in AAA or King IV – nor indeed in any ACCA exam (except for LW exams).

    You could try asking in the qualified members forum https://opentuition.com/forum/qualified-members-forum

    Or you could ask a LW student here https://opentuition.com/forum/acca-forums/acca-lw-corporate-and-business-law-forums if your question appears to be relevant to the LW ZAF variant https://www.accaglobal.com/ca/en/student/exam-support-resources/fundamentals-exams-study-resources/f4/acca-f4-syllabus-study-guide/f4-syllabus-and-study-guide-south-africa-zaf.html
    (You shouldn’t ask our LW tutor because we provide resources only for ENG and GLO variants.)

    Or browse the internet for guides https://cms.law/en/int/expert-guides/cms-expert-guide-for-directors-of-companies/south-africa

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