Q205 BPP KIT No of share

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February 14, 2021 at 1:54 am #610294
phuongmore
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Hi, A is a listed company with 4ml 50c ordinary share on issue.The answer is number of share is 4ml, not (4ml:50c).Please help me to explain why.Thank you
February 18, 2021 at 7:30 am #610818
mainai92
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this is 4mil shares of 50c, not $4m
February 19, 2021 at 8:29 pm #611012
P2-D2
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Correct. It is saying that there are 4 million in issue, each with a par value of 50 cents. On the SFP you would see this in equity shares as $2 million (4 million x $0.5).

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