Just30:


1. you are not an outright owner when you own a majority share
You just have more voting rights.

You have degrees in Accounting but not law

Corporate Law was included in my syllabus

And yes you are the owner when you have more than 50% OWNERSHIP or shares

jl115:

Anglogold and MTN are South African companies mate!

They make a lot of money in Ghana. Good for South Africa.

jl115:


"The AngloGold journey began in South Africa in May of 1998, when the gold and uranium mining interests of Anglo American Corporation of South Africa were consolidated. In August 1998, AngloGold became the first South African company to list on the NYSE."

https://www.anglogoldashanti.com/company/history/

Come again?

The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world.

In 1994, the Ghana government, the majority shareholder, announced plans to sell 20-25 percent of its interest in AGC in a share flotation. The company was listed on the London and Ghana stock exchanges. It was the largest flotation ever organised by any gold mining company coordinating and advisory team alone numbered over 200 people. Each of the company's 10,000 employees received five free shares.

In 1996 AGC was listed on the New York Stock Exchange to raise new capital, it was the first African company to appear on Wall Street. In 1999, the company succumbed to an ill-executed gold price hedge led by Goldman Sachs, which drove it to the brink of bankruptcy.[1]

In 2004, it merged with AngloGold to create the world's second-largest gold producer, AngloGold Ashanti company. AngloGold is based in South Africa and majority-owned by Anglo American group.

jl115:

yes listed on the Accra stock exchange.....that's it, that doesn't make them Ghanaian companies

And I also forgot Goldfields which is also a South African company

I am not surprised.

obaaderemi:
AngloGold was majority owned by Anglo American, a British company before they merged with the Ghanaian company. He should know that.

i dont know why he is making a fuse without knowing the background of both companies

Borno city a supposedly boko haram revaged state. In Nigeria, no place is left out

jl115:
Thy are listed on the Accra Stock exchange they are not registered Ghanaian companies..............Besides for MTN Ghana.........which is owned by the MTN Group

No company can operate in Ghana without being a registered company
So what are you even saying ?

More on Borno city

samorobo:



Maybe if you weren't so keen on flaunting your new wig you would have noticed that men don't have big titties.

For the last time, Nairobi is team natural

TayserMahri:


The WAniggs logic.

Reminds me of RCC

you are dumb

i dont expect you to know this either

gallivant:


The topic was who has the biggest economy? Ambiguity won't save you.

and PPP is what is used to measure the biggest economy

so help yourself and go and learn

jl115:
Bro they ain't Ghanaian companies, look at the CEOs, CFOs, COO,s and directors of those companies, they are almost all South African, also their headquarters are in South Africa as well.

AngloGold and Goldfields have mines all over the world, in fact Goldfields have more mines in Australia than in Ghana however that doesn't make it an Australian company.

I couldn't agree more.

jl115:

Corporate Law was included in my syllabus

And yes you are the owner when you have more than 50% OWNERSHIP or shares

Everyone is an owner by shareholding

You said outright owner and i said, even with majority shareholdings
you dont become an outright owner.

the last known shareholding - vodafone 30%- mobitelea 10% *moi - gov of kenya 60% - gov sold 30% to the public - so go slow on codeine

obaaderemi:
Safaricom is owned by Vodafone, a British company. Stop trying to reap where you didn't sow.

jl115:

No you are the outright owner if you own a majority share, in other words more than 50%.

I[b] have two degrees in accounting/Auditing........I know more about corporate law than you[/b]

You sound like an elephant who said he can equally swim like an hippopotamus just because they both have an almost the same size. for the fact that we 're both an anonymous member of this thread doesn't mean you know me better. but I don't need a rocket science to know you are an idiot. and knows next to nothing in the field you claim to know.

there is nothing like an outright owner of cooperate institution by law even if you owned 100 percent stake of the business. Even promoter( who brings idea and cash for the business set up) are not legally important unless there is a must to unveil the cooperate body . because by law , company is not equally as human or nation. A cooperate body is a legal entity on its own.

jl115:
Bro there is nothing to argue, Anglogold, Goldfields and MTN are South African companies

Facts. Where are Ghanaian companies with South African shareholders? That's the elephant in the room.

Just30:


Everyone is an owner by shareholding

You said outright owner and i said, even with majority shareholdings
you dont become an outright owner.

When you by the majority stake(more than 50%) in the company you become the owner..........its very simple mate

samorobo:


Very beautiful

wuutt!!! beautiful? Surely, beauty is in the eyes of the champagne holder.

jl115:
Thy are listed on the Accra Stock exchange they are not registered Ghanaian companies..............Besides for MTN Ghana.........which is owned by the MTN Group

There is nothing like Accra stock exchange , it is gibbersih just for correction, what we have is Ghana stock exchange.


MTN Ghana is a registered Ghanaian company. how much can i correct an idiot like you. you hardly know anything

TayserMahri:


The WAniggs logic.

Reminds me of RCC

To date Sammy and Obaboon will swear RCC is a Nigerian company. Illiterate fools.

vaxx:
You sound like an elephant who said he can equally swim like an hippopotamus just because they both have an almost the same size. for the fact that we 're both an anonymous member of this thread doesn't mean you know me better. but I don't need a rocket science to know you are a idiot. and knows next to nothing in the field you claim to know.

there is nothing like an outright owner of cooperate institution by law even even if you owned 100 percent stake of the business. Even promoter( who brings idea and cash for the business set up) are not legally important unless there is a must to unveil the cooperate body . because by law , company is not equally as human or nation. A cooperate body is a legal entity on its own.

You can't even spell corporate properly yet you want to claim I don't know anything in the field?

And yes when you acquire the majority stake in a business then you are the outright owner.....as simple as that!

jl115:

When you by the majority stake(more than 50%) in the company you become the owner..........its very simple mate

even a 1% shareholding makes you and owner.

anyway, that was not what we were talking about.

We were talking about A company by establishment as a legal entity in a Geographic setting.

You dont know corporate law

Neither do you know company law

Just30:

The Ashanti Goldfields Corporation is a gold mining company based in Ghana that was founded by Joseph Ellis and Joseph Biney both from Cape Coast. The Ashanti Mine, located at Obuasi, 56 km south of Kumasi, has been producing since 1897. The mine is sited on one of the world's major gold deposits and is one of the ten largest in the world.

I was expecting Kwame Appiah and Kunta Blackson.

vaxx:
There is nothing like Accra stock exchange , it is gibbersih just for correction, what we have is Ghana stock exchange.


MTN Ghana is a registered Ghanaian company. how much can i correct an idiot like you. you hardly know anything

fvck it Ghana stock exchange then!

And yes I actually said MTN Ghana is a registered company in Ghana, did i not say that?

TayserMahri:


For the last time, Nairobi is team natural

Lol this is the worst.... hurricane and changing mystical clouds Nairobi is so fake

Just30:
you are dumb

i dont expect you to know this either

Ashanti gold was swallowed by the merger with SA's Anglogold.

gallivant:


I was expecting Kwame Appiah and Kunta Blackson.

what are you even yapping about ?

Just30:

and PPP is what is used to measure the biggest economy

so help yourself and go and learn

No it's not. It's measured by GDP. Kenya is way ahead of Ethiopia, Angola and even the IMF colony.

jl115:
fvck it Ghana stock exchange then!

And yes I actually said MTN Ghana is a registered company in Ghana, did i not say that?

so which other company is not a registered company in Ghana?

gallivant:


To date Sammy and Obaboon will swear RCC is a Nigerian company. Illiterate fools.

Your first child is an illiterate fool....yes I can swear they are Nigerian companies becos they are in fact are......
And that's why they were considered capable to handle your longest road since Kenya inception

TayserMahri:


Ashanti gold was swallowed by the merger with SA's Anglogold.

it is called a merger

gallivant:


No it's not. It's measured by GDP. Kenya is way ahead of Ethiopia, Angola and even the IMF colony.

sorry

you are dumb

all the fault of your educational system.