Placement of shares, rights issues LO6 The directors of Sunny Palms Ltd are considering increasing its

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Placement of shares, rights issues  LO6 The directors of Sunny Palms Ltd are considering increasing its share capital. However they are unsure as to whether they should pursue a placement of shares or an accelerated rights issue. Some of the directors believe that this will target the same audience, namely institutional investors, and so are indifferent on which approach to take Required Write a report to the directors assessing the differences between these two forms of capital raising.

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Financial Reporting

ISBN: 978-0730363361

2nd Edition

Authors: Janice Loftus ,Ken Leo ,Sorin Daniliuc ,Belinda Luke ,Hong Nee Ang ,Karyn Byrnes

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