FREQUENTLY ASKED QUESTIONS (FAQ)
A. What is the cost of each Share?
Ans.: 1 US Dollar or $!
B. What are the minimum Shares that an individual can own?
Ans.: 100 units of Shares.
C. Do I need to be a citizen of Ghana to buy the Shares?
Ans.: No. You don't need to be. As far as you are a Baptist member recognized as part of AABF, you can buy shares.
D. Does anyone who shows interest and apply has the right to make payment?
Ans.: No, the management shall give the go ahead or otherwise after conducting thorough assessment of the applications.
E. What do I receive upon the completion of the registration and subscription fee?
Ans.: A share certificate
i. Allot and issue the Shares to the Subscriber.
ii. Register the Subscriber as a shareholder in the Company’s register of members.
iii. Issue a share certificate within 14 business days.
F. Is there a family Package? Ans.: No, However, family members can purchase individually.
G. What are the minimum Shares that can be purchased and how much is the subscription fee per category?
Ans.: A. Individuals: Minimum 100 shares (Subscription Fee $10).
B. Member Bodies: 500 Shares (Subscription Fee: $25).
C. Member Bodies in Right Standing with AABF: No Fee.
H. What is the fee for share purchase beyond 500? Ans: $25 for each addition $500 shares.
I. How does one make payment for the Shares? Ans.: Through Bank Transfer to Ecobank:
Account Details: Account Name: ALL AFRICA BAPTIST FELLOWSHIP (AABF)
Bank Name: Ecobank Plc Nigeria
Account Number (USD): 2013060779
Sort code: 050190300
Swift Code: ECOCNGLA
Country: Nigeria
Address: 21, Obafemi Awolowo Way, J Allen, Dugbe Ibadan, Oyo State Nigeria.
J. Is the Investment Shareholding limited to Baptists?
Ans.: Yes, Baptists under the umbrella of the All Africa Baptist Fellowship only.
K. How does B-Trans Limited shares dividends?
Ans.: A percentage of dividend shall be declared and given to the shareholders after the company has accounted for net income (Profit After Tax) and retained earnings.
L. Does the company have provision for termination of Shareholdership?
Ans.: Yes. It is clearly stated in the Subscribers Policy Document.