Vipia Joint Stock Company: Difference between revisions
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Latest revision as of 02:02, 11 November 2024
The Vipia Joint Stock Company, was established under the 1705 Vipia Joint Stock Company Act passed by the Majles-e Suren as a corporation registered and operating under the laws of the Suren Confederacy.
Line of Business
The purpose of this enterprise is to finance and oversee the settlement of the ungoverned territories of the historic satrapy of Vipia.
Management
A 12-member Board of Directors, elected annually by the shareholders, controls the company, while daily management is run by an executive team elected annually by majority of the Board of Directors.
It has authorised capital of 200 billion Natopos, working capital of around 51 billion Natopos, and has 45%, or approximately 450 million shares, priced at the of 100 natopos per share, listed on the ESB Financial Services of Raspur.
- Government of the Suren Confederacy – 55%
- Available for purchase via individual subscriptions – 45%
