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StevenPoLL

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Active 5 years ago
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  • July 12, 2020 at 10:50 am #576622
    AvatarStevenPoLL
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    Sir, could you please check it

    The rights issue is 1/5 x 200.000 shares = 40.000 shares.
    To share capital goes 40.000 x 1.2 = 48000; to share premium goes 48000 x 1.2= 57.600

    There are now 248.000 shares in issue.

    The bonus issue is 1/4 x 248.,000 = 62.000.
    Share capital increases by 62000 x 1.2 = 74,400; share premium decreases by 74,400.

    July 12, 2020 at 8:43 am #576612
    AvatarStevenPoLL
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    Couldn’t understand how to calculate bonus issue and right issue

    July 11, 2020 at 2:44 pm #576582
    AvatarStevenPoLL
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    Thanks for answer

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