[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-109940-en":3,"doc-seo-109940-105":30,"detail-sidebar-cat-0-en-105":91},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":11},109940,1374391974585,"Genevieve","https://ap-avatar.wpscdn.com/davatar_276721f389ce27ea32af1340a28f341c",8,"Research & Report","International Finance Corporation (IFC) - Resolution No. 270 - 2018 Conversion of Retained Earnings and General Capital Increase","International Finance Corporation (IFC) Board of Governors Resolution No. 270 approves converting a portion of retained earnings into paid-in capital. The resolution increases the authorized capital stock by creating 16,999,998 additional shares with a par value of US$1,000 each and authorizes issuance without cash contribution. Effectiveness depends on a four-fifths majority vote. Upon effectiveness, members receive allocated shares as specified in Table I attached to the resolution.","Public Disclosure Authorized Public Disclosure Authorized  \nINTERNATIONAL FINANCE CORPORATION  \nBOARD OF GOVERNORS  \nResolution No. 270  \n2018 Conversion of Retained Earnings and General Capital Increase  \nWHEREAS the Directors ofthe Corporation have decided that a part of the retained earnings of the Corporation be converted into paid-in capital subject to the Board of Governors authorizing an increase of authorized capital stock of the Corporation and issuance of corresponding shares to members;  \nWHEREAS the Directors ofthe Corporation (in accordance with Article II, Section 3 (d)) have determined it would be desirable that each member be issued shares without any cash contribution and the mechanism for subscription be automatic as set forth below, subject to the Board of Governors authorizing an increase of authorized capital stock of the Corporation and issuance of corresponding shares to members;  \nWHEREAS the Directors of the Corporation have submitted proposals therefor in their report dated June 4, 2018 to the Board of Governors on the basis set forth below;  \nNOW, THEREFORE, THE BOARD OF GOVERNORS RESOLVES THAT:  \nA. To implement the conversion of a portion of the retained earnings ofthe Corporation into paidin capital, the authorized capital stock of the Corporation is hereby increased by the creation of 16,999,998 additional shares having a par value of one thousand United States dollars ($1,000) each, the issuance of such shares being authorized as set forth herein.  \nB. The provisions of this Resolution shall become effective when Governors exercising not less than four-fifths majority of the total voting power shall have voted in favor of this Resolution.  \nC. Upon the date of effectiveness of this Resolution, each member of the Corporation shall be issued the number of shares of capital stock of the Corporation set opposite the name of such member in Table I attached to this Resolution (without any cash contribution) .  \nIFC Resolution No. 270 Page 2 of 3  \nTable I – Allocation of Shares for Conversion of Retained Earnings into Capital Stock  \n\n| MEMBER | NUMBER OF SHARES\u003Cbr>ALLOCATED |\n| --- | --- |\n| AFGHANISTAN | 735 |\n| ALBANIA | 8,625 |\n| ALGERIA | 38,317 |\n| ANGOLA | 9,811 |\n| ANTIGUA AND BARBUDA | 86 |\n| ARGENTINA | 280,915 |\n| ARMENIA | 6,572 |\n| AUSTRALIA | 313,535 |\n| AUSTRIA | 130,776 |\n| AZERBAIJAN | 15,680 |\n| BAHAMAS, THE | 2,219 |\n| BAHRAIN | 11,567 |\n| BANGLADESH | 63,808 |\n| BARBADOS | 2,391 |\n| BELARUS | 34,892 |\n| BELGIUM | 335,270 |\n| BELIZE | 669 |\n| BENIN | 788 |\n| BHUTAN | 4,770 |\n| BOLIVIA | 12,600 |\n| BOSNIA AND HERZEGOVINA | 4,107 |\n| BOTSWANA | 749 |\n| BRAZIL | 368,227 |\n| BULGARIA | 32,686 |\n| BURKINA FASO | 5,538 |\n| BURUNDI | 662 |\n| CABO VERDE | 99 |\n| CAMBODIA | 2,246 |\n| CAMEROON | 5,863 |\n| CANADA | 538,857 |\n| CENTRAL AFRICAN REPUBLIC | 788 |\n| CHAD | 9,036 |\n| CHILE | 83,781 |\n| CHINA | 409,108 |\n| COLOMBIA | 90,479 |\n| COMOROS | 93 |\n| CONGO, DEMOCRATIC REPUBLIC OF | 14,302 |\n| CONGO, REPUBLIC OF | 868 |\n| COSTA RICA | 6,307 |\n| COTE D'IVOIRE | 23,478 |\n| CROATIA | 19,092 |\n| CYPRUS | 14,170 |\n| CZECH REPUBLIC | 59,045 |\n| DENMARK | 122,913 |\n| DJIBOUTI | 139 |\n| DOMINICA | 278 |\n| DOMINICAN REPUBLIC | 7,863 |\n| ECUADOR | 14,316 |\n| EGYPT, ARAB REPUBLIC OF | 88,637 |\n| EL SALVADOR | 192 |\n\n\n| MEMBER | NUMBER OF SHARES\u003Cbr>ALLOCATED |\n| --- | --- |\n| EQUATORIAL GUINEA | 285 |\n| ERITREA | 6,194 |\n| ESTONIA | 9,500 |\n| ETHIOPIA | 841 |\n| FIJI | 1,901 |\n| FINLAND | 103,986 |\n| FRANCE | 801,674 |\n| GABON | 8,400 |\n| GAMBIA, THE | 623 |\n| GEORGIA | 9,142 |\n| GERMANY | 853,962 |\n| GHANA | 36,740 |\n| GREECE | 45,696 |\n| GRENADA | 490 |\n| GUATEMALA | 7,181 |\n| GUINEA | 2,246 |\n| GUINEA‐BISSAU | 119 |\n| GUYANA | 9,221 |\n| HAITI | 5,445 |\n| HONDURAS | 3,279 |\n| HUNGARY | 77,978 |\n| ICELAND | 278 |\n| INDIA | 681,981 |\n| INDONESIA | 209,350 |\n| IRAN, ISLAMIC REPUBLIC OF | 9,566 |\n| IRAQ | 974 |\n| IRELAND | 8,546 |\n| ISRAEL | 14,143 |\n| ITALY | 538,857 |\n| JAMAICA | 28,366 |\n| JAPAN | 1,07","cbCaimuaEkyEaveY","https://ap.wps.com/l/cbCaimuaEkyEaveY","pdf",191217,5,1,3,"English","en",105,"# Resolution Overview\n## Capital Stock Increase and Share Issuance\n## Effective Date and Member Allocation (Table I)","[{\"question\":\"What action does IFC Board of Governors Resolution No. 270 authorize?\",\"answer\":\"It authorizes conversion of a portion of retained earnings into paid-in capital and increases the authorized capital stock through issuance of additional shares.\"},{\"question\":\"How many additional shares are created and what is their par value?\",\"answer\":\"The resolution creates 16,999,998 additional shares, each with a par value of US$1,000.\"},{\"question\":\"When does the resolution become effective and how are shares allocated to members?\",\"answer\":\"It becomes effective when governors with not less than four-fifths of total voting power vote in favor. After effectiveness, each member receives the number of shares listed for that member in Table I, without any cash contribution.\"}]","International Finance Corporation (IFC) - Resolution No. 270 - 2018 Conversion of Retained Earnings and General Capital Increase | PDF",1784483127,{"code":4,"msg":31,"data":32},"ok",{"site_id":25,"language":24,"slug":33,"title":13,"keywords":34,"description":14,"schema_data":35,"social_meta":86,"head_meta":88,"extra_data":90,"updated_unix":29},"international-finance-corporation-ifc-resolution-no-270-2018-conversion-of-retained-earnings-and-general-capital-increase","",{"@graph":36,"@context":85},[37,53,68],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/document/","Document",2,{"item":49,"name":12,"@type":43,"position":22},"https://docshare.wps.com/document/research-report/",{"item":51,"name":13,"@type":43,"position":52},"https://docshare.wps.com/document/international-finance-corporation-ifc-resolution-no-270-2018-conversion-of-retained-earnings-and-general-capital-increase/109940/",4,{"url":51,"name":13,"@type":54,"author":55,"headline":13,"publisher":57,"fileFormat":60,"inLanguage":24,"description":14,"dateModified":61,"datePublished":62,"encodingFormat":60,"isAccessibleForFree":63,"interactionStatistic":64},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/pdf","2026-07-31","2026-07-19",true,{"@type":65,"interactionType":66,"userInteractionCount":20},"InteractionCounter",{"@type":67},"ViewAction",{"@type":69,"mainEntity":70},"FAQPage",[71,77,81],{"name":72,"@type":73,"acceptedAnswer":74},"What action does IFC Board of Governors Resolution No. 270 authorize?","Question",{"text":75,"@type":76},"It authorizes conversion of a portion of retained earnings into paid-in capital and increases the authorized capital stock through issuance of additional shares.","Answer",{"name":78,"@type":73,"acceptedAnswer":79},"How many additional shares are created and what is their par value?",{"text":80,"@type":76},"The resolution creates 16,999,998 additional shares, each with a par value of US$1,000.",{"name":82,"@type":73,"acceptedAnswer":83},"When does the resolution become effective and how are shares allocated to members?",{"text":84,"@type":76},"It becomes effective when governors with not less than four-fifths of total voting power vote in favor. After effectiveness, each member receives the number of shares listed for that member in Table I, without any cash contribution.","https://schema.org",{"og:url":51,"og:type":87,"og:title":13,"og:site_name":58,"og:description":14},"article",{"robots":89,"canonical":51},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":92},[93,97,101,105,109,114,119,122,127,130,134],{"id":21,"doc_module":4,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},"Story & Novel",90,"story-novel",{"id":47,"doc_module":4,"doc_module_name":46,"category_name":98,"show_sort_weight":99,"slug":100},"Literature",80,"literature",{"id":52,"doc_module":4,"doc_module_name":46,"category_name":102,"show_sort_weight":103,"slug":104},"Exam",70,"exam",{"id":20,"doc_module":4,"doc_module_name":46,"category_name":106,"show_sort_weight":107,"slug":108},"Comic",60,"comic",{"id":110,"doc_module":4,"doc_module_name":46,"category_name":111,"show_sort_weight":112,"slug":113},6,"Technology",50,"technology",{"id":115,"doc_module":4,"doc_module_name":46,"category_name":116,"show_sort_weight":117,"slug":118},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":46,"category_name":12,"show_sort_weight":120,"slug":121},30,"research-report",{"id":123,"doc_module":4,"doc_module_name":46,"category_name":124,"show_sort_weight":125,"slug":126},9,"Religion & Spirituality",20,"religion-spirituality",{"id":125,"doc_module":4,"doc_module_name":46,"category_name":128,"show_sort_weight":125,"slug":129},"World Cup","world-cup",{"id":131,"doc_module":4,"doc_module_name":46,"category_name":132,"show_sort_weight":131,"slug":133},10,"Lifestyle","lifestyle",{"id":135,"doc_module":4,"doc_module_name":46,"category_name":136,"show_sort_weight":20,"slug":137},19,"General","general"]