Integration procedures

by **claud39** Thu Jan 02, 2020 8:29 am

January 02, 2020

Integration procedures News-157796187191539

To / all exchange firms ( merger procedures )

Issue: 9/5/154

Date: 12/31/2019

In addition to our two enumerators numbered (9/5/46 and 333), dated 2/3 and 5/8/2019, for the purpose of expediting the integration procedures, the following is decided: -

1- Providing us with founding contracts certified by the Ministry of Commerce / Companies Registration Department attached to the letter of the completion of the procedures and merger decision issued by the Ministry above that includes the names of the previous shareholders and the number of shares for each of them for the purpose of giving you initial approval to switch from companies that mediate buying and selling foreign currencies to companies that mediate buying and selling Foreign currencies are a limited shareholder, providing us with colored and clear copies of their holdings and passports.

2- With regard to exchange companies, category ( A ), new shareholders of the merged companies are not allowed to enter until after obtaining the final approval as a private share exchange company category ( A ) and granting the license to the company. The names of the previous shareholders, which should match the names of the shareholders in the merged companies, in order for you to be granted approval to add or change the shareholders until your companies are listed on the Iraq Stock Exchange.

3- With regard to exchange companies, category ( B ), new shareholders of the merged companies are not allowed to enter unless after obtaining final approval as a category ( B ) exchange company and granting the license to the company. The previous shareholders, which should match the names of the shareholders in the merged companies, in order for you to be granted approval to add or change the shareholders.

https://cbi.iq/news/view/1376