URGENT ! Please i need the answer fast. Question 3 (a) The share capital of Pokoks Bhd
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URGENT ! Please i need the answer fast.
Question 3
(a) The share capital of Pokoks Bhd as at 31 December 2017 consisted of 16,000,000
ordinary shares amounted to RM8,000,000.
On 1 February 2018, Pokoks Bhd consolidated two existing shares into one share.
On 28 February 2019, the company issued 8,000,000 ordinary shares at fair price for
cash and was fully paid.
On 1 January 2019, Pokoks Bhd issued 5% convertible loan stock of RM4,000,000.
These debentures may be converted into ordinary shares of 300 ordinary shares for
every RM200 debenture.
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