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My 'ex' is selling out of our hotel business, which is currently a sole trader in her name. She has agreed that under the new arrangement, I will own 'half' of the business and the new business partner will own the other 'half'.

But since we need to have at least 3 shareholders in this new Thai ltd company, the split will not be exactly half.

The 3rd shareholder will/must be Thai, and I will maybe use Sunbelt Asia in that role. But can I have advice over the best division of shares between shareholders?

I have already found a new partner to buy 'half' of the business!! This person is happy to be a silent partner. So that suggests that they are happy to let me make the decisions re operating the business, which suggests that I should have a majority shareholding?

So my suggestion for the shareholder ratio for me:new partner: Thai partner is 49%:48%:3%

Are there any good reasons why I should not adopt such a ratio??

Any advice is mucho appreciated!

Simon

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