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  • POA Chap 8

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    Lau Chun Gui
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    Bonus shares are free shares issued to existing shareholders in proportion to their existing shareholdings without requiring any additional cash payment. When bonus shares are issued, no cash is relieved from the company as they are issued from reserves and distributed proportionately among existing shareholders without altering anyone's percentage holding in the company's capital.

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    Bonus shares are free shares issued to existing shareholders in proportion to their existing shareholdings without requiring any additional cash payment. When bonus shares are issued, no cash is relieved from the company as they are issued from reserves and distributed proportionately among existing shareholders without altering anyone's percentage holding in the company's capital.

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    © All Rights Reserved
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    8 views4 pages

    POA Chap 8

    Uploaded by

    Lau Chun Gui
    Bonus shares are free shares issued to existing shareholders in proportion to their existing shareholdings without requiring any additional cash payment. When bonus shares are issued, no cash is relieved from the company as they are issued from reserves and distributed proportionately among existing shareholders without altering anyone's percentage holding in the company's capital.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
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    of 4

    POA

    -
    Lecture 8
    Notes
    ,
    Bonus Shares
    Objective ☒ Free shares
    required to
    given to
    be paid
    shareholders w no cash
    ↳ issued in proportion
    issues }
    to existing holdings
    ↳ Bonus of
    snares

    issues µ Thinking mwawimwqqh.BA


    Rights
    .
    .
    .

    Double entry
    ]→ no cash relieved
    -

    issued
    it Bonus shares are shares,issued
    .

    of
    EEta
    amt new

    ↳ Need to know capital T by the

    Double Entry

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