Welcome to the 1520 Perfect Dictionary
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| Demutualisation | |
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| DEMUTUALISATION Definition: A situation in which a building society of insurance company abandons its mutual status and becomes a limited company. ______________________________________________________________________ * All eight elements should be in. 1. Purposeful and considered a necessity (connect to #2). 2. Mutual fund owners - policyholders and customers - agree on move. 3. Approval and endorsement by the regulators will be obtained. 4. Due process and all relevant legal requirements will be observed. 5. Take over and transition to new situation will be seamless. 6. New company will be run transparently and managed professionally. 7. Change in status will serve purpose(s) for the shareholders. 8. New business will not be taken over later via a management buyout. _________________________________ See perfect CRISIS MANAGEMENT. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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