Common use of AUTHORISED Clause in Contracts

AUTHORISED. At January 1, - ordinary shares 1 1,200,000 1,200,000 1,200,000 1,200,000 Increase of new shares 1 - - - - At December 31, - ordinary shares 1 1,200,000 1,200,000 1,200,000 1,200,000 Issued and paid-up At January 1, - ordinary shares 1 980,000 980,000 980,000 980,000 At December 31, - ordinary shares 1 980,000 980,000 980,000 980,000