XN000022-1994-07-14 — Page 8

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THURSDAY, JULY 14, 1994

IN

INCREASED CENT

EXISTING COMPANIES THE FIRST HALF YEAR OF 1994, EXISTING NOMINAL CAPITAL BY $22,258 MILLION, AN INCREASE OF 15 PER COMPARED TO THE SAME PERIOD OF 1993.

THEIR

DURING

MILLION TO

THE

CAPTIAL NOMINAL

OF NEW COMPANIES INCORPORATED JANUARY-JUNE 1994 DECREASED BY TWO PER CENT FROM $3,704 $3,632 MILLION COMPARED WITH THE SAME PERIOD IN 1993.

THE TOTAL AMOUNT SECURED BY CHARGES REGISTERED ON THE ASSETS OF ΤΟ $21,771 COMPANIES DECREASED BY 26 PER CENT FROM $29,377 MILLION

MONTHS OF MILLION, AND THE NUMBER OF CHARGES FILED IN THE FIRST SIX 1994 HAD INCREASED BY 16 PER CENT FROM 15,134 TO 17,598 OVER THE FIRST SIX MONTHS OF 1993.

OF

$11,459 PER CENT

THE AMOUNT REPAID ON CHARGES, AS EVIDENCED BY CERTIFICATES SATISFACTION, INCREASED BY 78 PER CENT FROM $6,450 MILLION TO MILLION AND THE NUMBER OF CERTIFICATES HAD INCREASED BY 15 FROM 8,558 TO 9,845 IN THE SAME PERIOD.

TOTAL OF

103

PROSPECTUSES

OF PUBLIC REGISTERED, OF MUTUAL

DURING THE PERIOD A COMPANIES, INCLUDING 24 IN RESPECT OF MUTUAL FUNDS, WERE COMPARED WITH 78 PROSPECTUSES, INCLUDING 34 IN FUNDS, DURING THE CORRESPONDING PERIOD IN 1993.

RESPECT

DURING THE

IN

NUMBER

THE TOTAL NUMBER OF DOCUMENTS RECEIVED FOR FILING FIRST SIX MONTHS OF 1994 AS COMPARED WITH THAT OF THE SAME PERIOD 1993 DECREASED BY 10 PER CENT FROM 666,497 TO 602,184 AND THE OF SEARCHES MADE BY THE PUBLIC DURING THE FIRST SIX MONTHS OF 1994

13 PER COMPARED WITH THAT FOR THE SAME PERIOD IN 1993 INCREASED BY CENT FROM 861,977 TO 975,615.

AS

BY THE REGISTRAR OF THE TOTAL

OF SUMMONSES ISSUED NUMBER

OF THE COMPANIES AGAINST COMPANIES AND THEIR DIRECTORS FOR BREACHES

ALTERATION COMPANIES ORDINANCE, MAINLY FOR LATE FILING OF RETURNS OF

OF OVERSEAS MADE IN THE DIRECTORS/SECRETARY OR IN THEIR PARTICULARS

101 COMPANIES, IN THE FIRST SIX MONTHS OF 1994 WAS 75, COMPARED WITH DURING THE SAME PERIOD IN 1993. ANOTHER 28 SUMMONSES WERE FROM 1993.

OUTSTANDING

OF THIS

RESULTED IN CONVICTIONS TOTAL OF 103 SUMMONSES, 72 COMPARED WITH 68 IN THE SAME PERIOD OF 1993 AND 28 REMAIN TO BE BY THE COURT (28 IN THE SAME PERIOD OF 1993).

HEARD

THE TOTAL AMOUNT OF FINES IMPOSED FOR CONVICTIONS IN THE

WITH $283,505 HALF YEAR OF 1994 WAS $1,067,875, COMPARED CORRESPONDING PERIOD IN 1993.

FIRST

IN

THE

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