Information on the rights issue from the ois

Assignment Help Finance Basics
Reference no: EM133073788

On 18 December 2019, Japfa Limited, an industrial agri-food company listed on the Singapore Exchange (SGX) announced a proposal to raise funds via a rights issue. The stock closed at $0.575 that day, and the announcement was made after the market close. The Offer Information Statement (OIS) lodged with the Monetary Authority of Singapore is dated 14 January 2020.

You are discussing this rights issue with a friend. Use the information on the rights issue from the OIS, which can be retrieved from the SGX website, to answer the following questions:

Your friend says that Yahoo! Finance will reflect an opening stock price of Japfa Limited on the ex-rights date that is equal to the TERP that you calculated in part (a). Evaluate your friend's statement, quantitatively if applicable.

Reference no: EM133073788

Questions Cloud

Which bond has more price volatility : 1. A bond with a 20-year maturity pays a 6% annual coupon and has a face value of $1,000. What is its fair price at a yield-to-maturity of 3%? Of 6%? Of 9%?
What are the factors that make the hacker successful : What are the factors that make the hacker successful? In groups, find another example of social engineering and report back to the class
Calculate the npv of loan financing : ABC borrows $11,352 at a subsidized rate of 2.9% to invest in a project. The project lasts for 13 years and ABC repays the loan at the end of the project. If AB
Determining the purchase price : Henry is planning to purchase a Treasury bond with a coupon rate of 2.05% and face value of $100. The maturity date of the bond is 15 March 2033.
Information on the rights issue from the ois : On 18 December 2019, Japfa Limited, an industrial agri-food company listed on the Singapore Exchange (SGX) announced a proposal to raise funds via a rights issu
What is the most interesting vulnerability you have : What is the most interesting vulnerability you have found in your readings and Which is your favourite security tool and why
Estimate the expected free cash flow to equity : a. Estimate the expected free cash flow to equity from 2013 to 2017, assuming that capital expenditures and depreciation grow at the same rate as earnings.
Is there goodwill in this acquisition that can be recognized : XYZ Ltd acquires Space Ltd and pays the following Cash $100,000 Share: 100,000 Shares. Is there goodwill in this acquisition that can be recognized
Relationship between yield to maturity and coupon rate : AMR is the parent company of American Airlines. In addition to its primary subsidiary, AMR also operates several airline support companies, the Management Servi

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd