A Company plans to offer Rights Issues. i. Which document must it send to its shareholders for offering the rights issue?
Study the following case and express your opinion:
A Company plans to offer Rights Issues.
i. Which document must it send to its shareholders for offering the rights issue?
ii. Instead of the rights issue, if the company wants to issue shares to the public which document must it issue for inviting the public to subscribe to it.
iii. Name the document which is called an incomplete prospectus.
5 views
1 Answers
i. Letter of the offer must be sent to its shareholders for offering the rights issue.
ii. The prospectus is the document to be issued by the company if it wants to issue shares to the public instead of rights issues.
iii. Red Herring prospectus is called an incomplete prospectus.
5 views
Answered