Nov 18, 2010 10:01
13 yrs ago
English term
Mongolia
Keep the Quality. Beat the Deadline.
Native in: Mongolian
Works in: English to Mongolian, Russian to Mongolian, Mongolian
at a price min. to the invested capital equiv. of
English
Bus/Financial
Law: Contract(s)
Shares
In case the Investor decides to sell his shares, the remaining shareholders have an obligation/right to purchase those shares at a price min. to the invested capital equiv. of MNT100 billion in US$.
Please help me understand what the price of "those shares" is. Is it MNT100 billion? Or is there any other price? Thank you in advance.
Please help me understand what the price of "those shares" is. Is it MNT100 billion? Or is there any other price? Thank you in advance.
Change log
Nov 18, 2010 10:09: Steffen Walter changed "Field" from "Law/Patents" to "Bus/Financial"
Responses
17 mins
Sandra & Kenneth Grossman
Israel
Israel
Native in English
&
English
Specializes in field
Israel
Quality, Reliability, Experience.
Native in: English 
, Romanian
Works in: French to English, Hebrew to English, Romanian to English, and 3 more.
Related KudoZ points
:
16
Selected
at a price minimum equal to the invested capital, in an amount
equivalent to MNT100 billion in US dollars.
The word "equal" is missing.
IOW, they have to pay back his investment, in dollars.
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Note added at 18 mins (2010-11-18 10:19:17 GMT)
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At least.
The word "equal" is missing.
IOW, they have to pay back his investment, in dollars.
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Note added at 18 mins (2010-11-18 10:19:17 GMT)
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At least.
4 KudoZ points awarded for this answer.
Comment: "Thank you so much for your explanation."
3 hrs
Ramesh Bhatt
Nepal
Nepal
Native in English
&
English
Nepal
Everyoung Global Intellectual Foundation
Native in: Urdu , English
Works in: English to Tibetan, Tibetan to English, English to Nepali, and 18 more.
In proportion to the percentage of invested capital assuming the total investement to be MNT100 bil
I guess it is as follows:
Suppose you have invested 15 units in a company total of 60 units in shares.
And you want to sell your shares.
Other investers are the first priority for the purchase.
They shall have to pay you 15/60 x 100 = 25 MNT billion in USD
The market price of invested 60 units may be above or below hundred, but the shareholders shall get priority in the purchase.
Only after their refusal can your shares be sold at the market price.
Suppose you have invested 15 units in a company total of 60 units in shares.
And you want to sell your shares.
Other investers are the first priority for the purchase.
They shall have to pay you 15/60 x 100 = 25 MNT billion in USD
The market price of invested 60 units may be above or below hundred, but the shareholders shall get priority in the purchase.
Only after their refusal can your shares be sold at the market price.
Discussion