| 1. | Ark said it plans to handle the unlisted stocks of about 20 companies.
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| 2. | It is hard to deny the allure of these unlisted stocks.
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| 3. | Most unlisted stocks have historically been held by wealthy, sophisticated investors.
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| 4. | Capital gains tax for shares of unlisted stocks remains at 5 % and 10 %.
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| 5. | But the quaint names _ for various types of unlisted stocks _ can mask big dangers.
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| 6. | Never mind that for every winner among unlisted stocks, there are numerous failures, the stocks'enthusiasts seem to say.
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| 7. | The 29 taxpayers include 14 business owners who made " founder's profit " by selling their unlisted stocks.
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| 8. | Only companies with free float at least 15 % are included, value of unlisted stock classes is excluded.
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| 9. | The new company will offer products such as hedge funds and funds enabling clients to invest in unlisted stocks.
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| 10. | The government will also permit mutual fund management companies to include unlisted stocks on investment products, effective Sept . 1.
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