The total number of shares issued upon incorporation of HYDITEX CORPORATION is 100,000 shares and is as follows:
A Class Shares – 50,000
B Class Shares – 45,000
C Class Shares – 5,000
A Class Shares – Common Stock, with each share getting one vote. The holders of this share may receive dividends, at the discretion of the company.
B Class Shares – Shareholders of Class B have no voting rights. When dividends are paid, they are paid to Class B shareholders first. If there is sufficient cash remaining with Class A Shareholders receiving a dividend.
C Class Shares – Each share has 10 votes. Class C shareholders receive the same access to dividends and assets as Class A Shareholders, that is, after Class B Shareholders. Class C shares cannot be traded on the open market.
Georgii Feodoridi, Port Vila.
Georgii Feodoridi was elected Chairman of the Board of Directors of HYDITEX CORPORATION.
A proxy statement is a document filed by HYDITEX CORPORATION prior to its annual or special meetings of shareholders to provide shareholders with the information necessary to make informed decisions on matters relating to the business of the board of directors.
Official documents sent out annually to shareholders of HYDITEX CORPORATION. The annual reports include financial statements, key figures, and a management review of the previous year. HYDITEX CORPORATION adds charts and photos for clarity. This is a great document to review, especially for those who want to get an overview of HYDITEX CORPORATION.