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Question 12 Not yet answered Marked out of 1 P Flag...

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Accounting

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Question 12 Not yet answered Marked out of 1 P Flag question An SAOG Company has in issue 200,000 OMR 1 equity shares with a current market value of OMR 1.5 each. It offers a rights issue of 1 for 4 shares at an offer price of OMR 1.200. The offer is only taken by 80% of Shareholders. What will be the amount of share premium of right issue? O a. OMR 10,000 O b. OMR 25,000 O c. OMR 40,000 O d. OMR 8,000

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