06-12-2011, 06:07 PM
Current Shareholders:_____________ Right Issue
General Public:__________________ Further Issue
Right Issue
New stock (share) issue offered to existing stockholders (shareholders) in proportion to their current stock/shareholding, for a specified period and at a specified (usually discounted) price. Its objective is to afford them the opportunity to maintain their percentage of ownership of the firm. See also scrip issue.
Further Issue
Where the new shares are offered to people other than current share holders, in case of public companies, subject to approval of Federal Govt
General Public:__________________ Further Issue
Right Issue
New stock (share) issue offered to existing stockholders (shareholders) in proportion to their current stock/shareholding, for a specified period and at a specified (usually discounted) price. Its objective is to afford them the opportunity to maintain their percentage of ownership of the firm. See also scrip issue.
Further Issue
Where the new shares are offered to people other than current share holders, in case of public companies, subject to approval of Federal Govt
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