Follow upForums › Ask ACCA Tutor Forums › Ask the Tutor ACCA LW Exams › Follow upThis topic has 1 reply, 2 voices, and was last updated 7 years ago by MikeLittle.Viewing 2 posts - 1 through 2 (of 2 total)AuthorPosts January 23, 2018 at 7:13 pm #432510 humaiParticipantTopics: 757Replies: 248☆☆☆☆☆But Sir can’t Ho gain access to the premium paid on the shares in Jet plc in form of Bonus shares? January 23, 2018 at 7:40 pm #432512 MikeLittleKeymasterTopics: 27Replies: 23321☆☆☆☆☆Yes, but that’s at the company’s discretionHe has no automatic inherent right which is what your question suggestedHe could also be repaid his capital if the company went into a solvent liquidation …… but that liquidation step is not Ho’s choiceIn answer to the implicit question in your original post, no, he has no right of access to recover the premium paid on the acquisition of those sharesOK?AuthorPostsViewing 2 posts - 1 through 2 (of 2 total)The topic ‘Follow up’ is closed to new replies.