On 1 june 2022, the directors of BHU Limited announced that the company is ready to receive share applications. BHU Ltd decided to issue 10 million shares at $8 per share on application and the balance on call. On 1 june 2022, investors paid for $10 million shares. On 20 June 2022, the company accepted applications for 10 million shares and made the call for the first call. On 30 june 2021, holders of 2 million shares who paid for the application failed to pay the call money and as a result the shares were forfeited. On the same day, the holders of 8 million shares paid the call money. On 10 march 202s, the forfeited shares were reissued and sold immediately in the market for $7 for each share. The cost of reissuing the shares was $50000. On 15 march 2022, the balance of selling the issued share is paid to holders of forfeited share.