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Question 610 is based on the information Venture Berchad plans to raise RM20 million from a rights issue to fund a new business expansion. The

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Question 610 is based on the information Venture Berchad plans to raise RM20 million from a rights issue to fund a new business expansion. The company will issue 8 million new shares at a subscription price of RM2.50 per share. Currently, the company's common stocks are selling at RM3.70. Below is the partial equity account of Venture Berhad. Partial Equity Account for Venture Berhad (RM)

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