A Board Resolution For Issue of Shares is a crucial corporate document required whenever a Hong Kong company wishes to increase its issued share capital by allotting new shares to existing or new shareholders. This document is mandated by the Hong Kong Companies Ordinance and is essential for documenting corporate decisions and maintaining proper governance records. It is typically used during funding rounds, employee share schemes, corporate restructuring, or strategic investments. The resolution must include specific details about the share issuance, demonstrate compliance with legal requirements and the company's articles of association, and provide clear authorization for executing the share issuance. The document serves multiple purposes: it evidences board approval, provides instructions for implementation, and forms part of the company's permanent records that may be reviewed by auditors, regulators, or potential investors.
Your data doesn't train Genie's AI
You keep IP ownership of your information
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
OR
Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc
1. Meeting Details: Date, time, location of the board meeting, directors present, and confirmation of quorum
2. Notice and Quorum: Confirmation that proper notice was given and quorum requirements were met
3. Background: Context for the share issuance, including current share capital structure and reason for new issuance
4. Share Issuance Details: Number of shares, class of shares, issue price, and identity of allottee(s)
5. Board's Determination: Board's confirmation that the issuance is in the company's best interests
6. Primary Resolutions: The actual resolutions for approving the share issuance
7. Authorization: Authority given to specific officers to execute documents and file necessary forms
8. Closing: Signature section for chairman/company secretary to certify the resolution
1. Share Rights and Restrictions: Used when the new shares carry special rights or restrictions
2. Pre-emptive Rights Waiver: Required when existing shareholders' pre-emptive rights need to be addressed
3. Payment Terms: Included when payment for shares is not immediate or involves special arrangements
4. Conditions Precedent: When the share issuance is subject to certain conditions being met
5. Related Party Transaction Details: Required when shares are being issued to related parties
6. Regulatory Compliance: For listed companies or when specific regulatory requirements need to be addressed
1. Schedule 1 - Subscriber Details: Full details of the subscribers including names, addresses, and number of shares
2. Schedule 2 - Share Certificate Format: Template or format of the share certificates to be issued
3. Schedule 3 - Rights and Restrictions: Detailed terms of any special rights or restrictions attached to the shares
4. Appendix A - Forms: Relevant statutory forms to be filed with the Companies Registry
5. Appendix B - Current Shareholding Structure: Details of the company's shareholding structure before and after the issuance
Relevant legal definitions
Company
Board
Directors
Articles of Association
Companies Ordinance
Share Capital
Ordinary Shares
Preference Shares
Subscribers
Allotment
Issue Price
Consideration
Share Certificate
Companies Registry
Meeting
Resolution
Quorum
Chairman
Company Secretary
Pre-emptive Rights
Authorized Share Capital
Issued Share Capital
Share Premium Account
Specified Shares
Relevant Securities
Business Day
Board
Directors
Articles of Association
Companies Ordinance
Share Capital
Ordinary Shares
Preference Shares
Subscribers
Allotment
Issue Price
Consideration
Share Certificate
Companies Registry
Meeting
Resolution
Quorum
Chairman
Company Secretary
Pre-emptive Rights
Authorized Share Capital
Issued Share Capital
Share Premium Account
Specified Shares
Relevant Securities
Business Day
Clauses
Meeting Constitution
Share Issuance Authority
Capital Structure
Allotment Terms
Share Rights
Payment Terms
Directors' Powers
Implementation Authority
Regulatory Compliance
Document Execution
Filing Requirements
Share Certificate Issuance
Registration of Transfer
Pre-emptive Rights
Directors' Interest Declaration
Consideration
Company Secretary Authorization
Share Issuance Authority
Capital Structure
Allotment Terms
Share Rights
Payment Terms
Directors' Powers
Implementation Authority
Regulatory Compliance
Document Execution
Filing Requirements
Share Certificate Issuance
Registration of Transfer
Pre-emptive Rights
Directors' Interest Declaration
Consideration
Company Secretary Authorization
Relevant Industries
Financial Services
Technology
Real Estate
Manufacturing
Retail
Professional Services
Healthcare
Energy
Transportation
Construction
Telecommunications
Education
Hospitality
Mining
Agriculture
Media and Entertainment
Relevant Teams
Legal
Corporate Secretarial
Finance
Compliance
Corporate Governance
Risk Management
Executive Office
Investment Relations
Board of Directors
Corporate Affairs
Relevant Roles
Chief Executive Officer
Company Secretary
Chief Financial Officer
Legal Counsel
Corporate Governance Officer
Compliance Officer
Board Director
Managing Director
Finance Director
Corporate Secretary
Investment Relations Manager
Risk Manager
General Counsel
Board Chairman
Executive Director
Find the exact document you need
Board Resolution To Sign Agreement
A Hong Kong corporate document recording the board's authorization for signing a specific agreement, including designated signatories and approval details.
find out more
Board Resolution For Signing Authority In Bank
A Hong Kong law-governed board resolution that designates authorized signatories and their powers for operating company bank accounts.
find out more
Board Resolution For Restructuring Of Loan
A Hong Kong law-governed board resolution documenting the approval and authorization of loan restructuring terms and implementation.
find out more
Board Resolution For Removal Of Authorised Signatory In Bank Account
A Hong Kong board resolution documenting the removal of an authorized signatory from company bank accounts, meeting local corporate and banking requirements.
find out more
Board Resolution For General Authorisation
A Hong Kong law-compliant board resolution that delegates specific powers and authorities to designated individuals for conducting company business.
find out more
Board Resolution For Appointment Of Director In Private Company
A board resolution documenting the appointment of a new director to a Hong Kong private company, in compliance with local company law requirements.
find out more
Board Resolution For Applying Loan From Bank
A Hong Kong corporate resolution documenting board approval for obtaining a bank loan, including loan terms and authorized signatories.
find out more
Board Resolution For Adding Authorised Signatory In Bank
A Hong Kong board resolution documenting the appointment of a new authorized signatory for company bank accounts, complying with local corporate and banking regulations.
find out more
Board Performance Review
A Hong Kong-compliant framework for evaluating board performance, effectiveness, and governance in accordance with local regulatory requirements.
find out more
Board Of Directors Code Of Ethics
A Hong Kong-compliant governance document establishing ethical standards and conduct requirements for board members, aligned with local regulations and corporate governance best practices.
find out more
Board Minutes Approval Of Loan Agreement
Hong Kong board minutes documenting directors' approval of a loan agreement, including meeting details, discussions, and formal resolutions.
find out more
Change Of Control Consent Letter
A Hong Kong law-governed formal letter documenting consent to a change in company ownership or control, ensuring compliance with existing contractual and regulatory requirements.
find out more
Board Resolution For Termination Of Lease Agreement
A Hong Kong corporate resolution documenting the board's authorization to terminate a lease agreement and appointing officers to execute the termination.
find out more
Board Resolution For Forfeiture Of Shares
A Hong Kong corporate document recording the board's resolution to forfeit shares due to non-payment of calls or installments, in compliance with local company law.
find out more
Resolution To Add Director
A Hong Kong corporate resolution document that formally appoints a new director to a company's board of directors, in compliance with local company law.
find out more
Board Resolution For Subscription Of Shares
A Hong Kong law-governed board resolution documenting the approval and authorization of new share subscriptions in a company.
find out more
Board Resolution Appointing Representative
A Hong Kong law-governed board resolution documenting the formal appointment of an authorized representative to act on behalf of a company.
find out more
Residential Verification Letter
A Hong Kong law-compliant formal document that verifies an individual's residential status at a specific address for official purposes.
find out more
Board Resolution For Termination Of Agreement
A Hong Kong corporate document recording the board's formal decision and authorization to terminate an existing agreement.
find out more
First Demand Letter For Payment
A formal payment demand letter under Hong Kong law requesting immediate settlement of outstanding debt, serving as an initial step in the debt collection process.
find out more
Board Resolution Of Private Limited Company
A formal document recording decisions made by the board of directors of a Hong Kong private limited company, in compliance with local company law requirements.
find out more
Board Resolution For Issue Of Convertible Notes
A Hong Kong law board resolution authorizing and approving the issuance of convertible notes, including terms and implementation authorities.
find out more
Board Resolution Approving Lease Agreement
A Hong Kong law-governed board resolution that formally approves and authorizes the execution of a lease agreement on behalf of the company.
find out more
Resolution Of Authority
A Hong Kong law-governed corporate resolution that delegates specific authorities to designated individuals within an organization.
find out more
Board Resolution For Share Purchase Agreement
A Hong Kong corporate document recording board approval for a share purchase transaction, including meeting details and transaction authorization.
find out more
Board Resolution For Appointment Of Legal Representative
A Hong Kong law-governed board resolution documenting the formal appointment of a company's legal representative and their authorized powers.
find out more
Board Resolution Change Of Directors
A Hong Kong corporate document recording board decisions regarding director appointments and resignations, as required by the Companies Ordinance.
find out more
Appointing A Director By Ordinary Resolution
A Hong Kong corporate resolution document for appointing a new director through ordinary resolution, compliant with Companies Ordinance requirements.
find out more
Board Resolution To Open Bank Account
A Hong Kong law-governed board resolution authorizing and specifying the arrangements for opening a corporate bank account.
find out more
Board Resolution Authorized Signatory
A Hong Kong law-governed board resolution that officially appoints and defines the powers of company authorized signatories.
find out more
First Board Meeting Resolution
A Hong Kong corporate document recording initial board decisions and resolutions following company incorporation, establishing fundamental operational and governance frameworks.
find out more
Directors Resolution For Dividends
A Hong Kong corporate document recording the board's formal decision to declare and distribute dividends to shareholders, in compliance with local company law.
find out more
Board Resolution For Call On Shares
A Hong Kong corporate resolution authorizing the board to require payment of unpaid portions of partly paid shares from shareholders.
find out more
Board Resolution For Appointment Of Corporate Representative
A Hong Kong board resolution document that formally appoints and authorizes an individual to act as a company's official representative in specified matters.
find out more
Board Resolution For AGM
A Hong Kong board resolution documenting decisions for convening and organizing the company's Annual General Meeting, complying with Hong Kong Companies Ordinance requirements.
find out more
Board Resolution Change Of Registered Office
A Hong Kong law-governed board resolution documenting the formal decision to change a company's registered office address.
find out more
Board Resolution For Sale Of Shares Of Subsidiary Company
A Hong Kong corporate document recording board approval for the sale of shares in a subsidiary company, including transaction terms and authorized signatories.
find out more
Board Resolution For Purchase Of Shares Of Other Company
A Hong Kong law-compliant board resolution documenting the approval and authorization for purchasing shares in another company, including transaction terms and delegated authorities.
find out more
Board Resolution For Joint Venture
A Hong Kong law-compliant corporate document recording board approval for entering into a joint venture arrangement, including key terms and authorizations.
find out more
Board Resolution For Increase In Paid Up Capital
A Hong Kong law-governed board resolution document that formally authorizes and records the increase in a company's paid-up capital, in compliance with the Companies Ordinance.
find out more
Genie’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; Genie’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)
.png)