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Ordinary and Preference Shares
3 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Ordinary and Preference Shares

Note 7. Ordinary and Preference Shares

Ordinary Shares

The Company’s issued and outstanding ordinary shares were as follows:

 

 

 

Shares Issued

and Outstanding

 

 

 

 

 

 

 

June 30,

2016

 

 

March 31,

2016

 

 

Par value

 

Ordinary shares

 

 

25,413,950

 

 

 

25,408,950

 

 

$

 

Total

 

 

25,413,950

 

 

 

25,408,950

 

 

$

 

 

Preference shares

The Company’s issued and outstanding preference shares consist of the following:

 

 

 

Shares Issued

and Outstanding

 

 

Liquidation

amount per share

 

 

 

June 30,

2016

 

 

March 31,

2016

 

 

June 30,

2016

 

 

March 31,

2016

 

7% Cumulative Redeemable

   Preference shares

 

 

666,665

 

 

 

666,665

 

 

$

24.73

 

 

$

24.34

 

Total

 

 

666,665

 

 

 

666,665