ZHL is going well and is looking to acquire another business. To do so it decides to raise some further capital by offering its ordinary shareholders a non-renounceable share rights issue. Thi...
Zermatt Holdings Ltd (ZHL) is a public company and was established on the 1st July 20x1 The company decided to go to the public for its first share issue and the prospectus was released on the 2nd July 20X1. Applications were sought for 10,000,000 ordinary shares of $1.00 each payable in full on application on the 31tAugust 20X1. The offer was opl and applications for 12,520,000 shares were received together with the required monies. The share issue was made on...
these last 3 pics from stage 1 and 2 has information needed to
answer stage 3. thanks
ZHL held its annual general meeting as intended on the 10th October 20X3 and the final dividend determined in the previous fi nal I year was approved, dedared and On the 30th October 2003 60% of ordinary shareholders advised ZHL that they elected to take shares instead of dividends under the terms of the DRP conditions previously advised. The 60% was evenly spread...