Can I sell my shares for nothing?

Question: Can I sell my shares for nothing?

Answer:

Some form of consideration should be paid for your shares, even if it is a nominal value of $1.00.

Answered by Priscilla Ng

Priscilla is a lawyer. She practises in the areas of business and commercial law, intellectual property and employment law. In her past work experience, she practised in property law, family law, wills and estates, and civil litigation.

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