at a price min. to the invested capital equiv. of

English translation: at a price minimum equal to the invested capital, in an amount

10:01 Nov 18, 2010

English language (monolingual) [PRO]
Bus/Financial - Law: Contract(s) / Shares

English term or phrase: at a price min. to the invested capital equiv. of

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.

Batjavkhaa Batsaikhan KudoZ activity Questions: 41 (none open) (3 closed without grading) Answers: 15 Mongolia
Local time: 17:52

Selected answer:at a price minimum equal to the invested capital, in an amount

Explanation:
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.

Selected response from:

Sandra & Kenneth Grossman
Israel
Local time: 12:52

Grading comment

Thank you so much for your explanation.
4 KudoZ points were awarded for this answer

SUMMARY OF ALL EXPLANATIONS PROVIDED

In proportion to the percentage of invested capital assuming the total investement to be MNT100 bil

Ramesh Bhatt

at a price minimum equal to the invested capital, in an amount

Sandra & Kenneth Grossman

Discussion entries: 2

Answers

17 mins confidence:

at a price minimum equal to the invested capital, in an amount

Sandra & Kenneth Grossman
Israel
Local time: 12:52
Specializes in field
Native speaker of:

English,

Romanian
PRO pts in category: 16

Grading comment

Thank you so much for your explanation.

3 hrs confidence:

In proportion to the percentage of invested capital assuming the total investement to be MNT100 bil

Explanation:
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.

Ramesh Bhatt
Nepal
Local time: 15:37
Native speaker of:

Urdu,

English

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at a price min. to the invested capital equiv. of

English translation: at a price minimum equal to the invested capital, in an amount

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at a price min. to the invested capital equiv. of

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