Answer Posted / agon kwame evans
When doing a Secondary Market Offering of shares to raise
cash, a company can decide to issue a shares to existing
share holders on pro-rata basis. With the issued rights,
existing shareholders have
the privilege to buy a specified number of new shares from
the firm at a specified price within a specified time. A
rights issue is offered to all existing shareholders
individually and may be rejected, accepted in full or
accepted in part by each shareholder.
Rights are often transferable, allowing the holder to sell
them on the open market.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the rate of interest charged by rbi for lending money to banks by rediscounting of the bills in india.
What is electronic clearing of cheques?
Explain in a sentence or two, each of the elements of a Business Plan and why it is necessary.
Can you differentiate between cheque and draft?
dicsuss with appropriate examples the firm's asset management decisions
What is 'stagflation'?
Can I Obtain Bankruptcy Protection Again If I Have Filed A Bankruptcy In The Past And Am Now Falling Behind In Payments Again?
What is 'digital signatures' (ds)?
How many alpha- numeric numbers are there in total in a PAN Card?
Why do want to make a shift in your career?
What is consumer banking?
What is an overdraft?
Tell about the different types of banks?
What is a Bank rate? What is a Repo?
Which system eliminates the physical movement of cheques and provides the efficient method for cheque clearing?
