Key points
ACRA also describes converting paid shares into stock, reconverting stock and cancelling specified unissued or forfeited shares. The constitution must permit the change and the general meeting must approve it. Amend the constitution first if necessary. Officers or a CSP then file the alteration through Update shares information. This is not the same process as every form of capital reduction.
Official source
A concise, independent Apex Gateway guide based on the official English source, not a reproduction of the complete document. Consult the original for full conditions, exceptions and subsequent updates.
Read the official source ↗