The document discusses chapter 2 of a textbook on company and group financial reporting. It includes questions and answers about a company issuing shares, including details on the authorized and issued share capital before and after the transaction. It also includes a calculation of the number of shares that can be issued for a given amount of money.
The document discusses chapter 2 of a textbook on company and group financial reporting. It includes questions and answers about a company issuing shares, including details on the authorized and issued share capital before and after the transaction. It also includes a calculation of the number of shares that can be issued for a given amount of money.
Company and Group Financial Reporting Question 2.1 page: 31 Question 2.2 page: 31 Denominations x received Denominations x Successful
Total = 40,000 Total = 20,000
Total application
Restricted: 5,000,000 x RM2 = RM10,000,000
Public: 40,000,000 x RM2 = RM80,000,000 (offer are only 20,000,000; oversubscribed until 40,000,000. Unsuccessful application
Successful application
Share capital: 25,000,000 x RM1 = RM25,000,000
Premium: 25,000,000 x RM1 (offering price par value) = RM25,000,000 Originally: Authorised capital of 70,000,000 ordinary shares of RM1 each (5,000,000 ordinary shares fully paid) Transaction: Issues another 25,000,000. Total issued: 5,000,000 + 25,000,000 Question 2.4 page: 32 30m 10