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Super Goods Ltd ( SGL ) has decided to raise new capital by making a placement of ordinary shares to Cubic Investments Ltd ( CIL


Super Goods Ltd (SGL) has decided to raise new capital by making a placement of ordinary shares to Cubic Investments Ltd (CIL). The placement increases the number of SGL shares on issue by 9% and is made at a discount of 3.5% to the SGL market price.

 
Calculate CIL capital gain. 
 

 

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