Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Right shares are first offered to public than to existing share holders. Do you agree ?

Financial Management
user-image
Question added by Deleted user
Date Posted: 2014/09/01
Upvote (1) Views (1) Followers (2) Answers (2) Report Question
Write an Answer
Register now or log in to answer.
Kamran Anjum
by Kamran Anjum , Head of Internal Audit , Rafhan Maize Products Company limited, Faisalabad, Pakistan, Ingredion Incorporated Gmbh

I do not agree. Right shares are offered to existing shareholder on the basis of their existing shares.

VENKITARAMAN KRISHNA MOORTHY VRINDAVAN
by VENKITARAMAN KRISHNA MOORTHY VRINDAVAN , Project Execution Manager & Accounts Manager , ALI INTERNATIONAL TRADING EST.

Right Shares Means:  Right of the existing Shareholders and the public offer has no connection with this. Only Existing shareholders are issued  Right Shares on Pro-rata basis  

Write Your Answer
More Questions Like This