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Share percentage that directors are forced to sell

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA AFM Exams › Share percentage that directors are forced to sell

  • This topic has 1 reply, 2 voices, and was last updated 1 year ago by John Moffat.
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  • November 27, 2023 at 7:11 am #695585
    quytuan
    Participant
    • Topics: 107
    • Replies: 46
    • ☆☆

    I read the artile about” read the mind of AFM marker” which refers to the share percentages that directors are forced to sell all the shares that they are currently holding, that is under 10% or other numbers depends on the country’s legislation, to the bidders. I can’t find about that information in BPP Workbook. I want to know more about that matter, where can I find information about that?
    Thank you!

    November 27, 2023 at 9:48 am #695595
    John Moffat
    Keymaster
    • Topics: 57
    • Replies: 54761
    • ☆☆☆☆☆

    Although you will find more on the internet by Googling it, it is not something to worry about for the exam (because as you write, it depends on whatever laws there are in the relevant country).

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