ABC Company is planning to raise HK$250mil. by listing in Hong Kong stock market. Target free...
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ABC Company is planning to raise HK$250mil. by listing in Hong Kong stock market. Target free float of the company will be 25%. Based on the following information, determine whether ABC Company can be listed in Hong Kong. Financial Year Net profit Revenue OCF 2017 HK$10mil. HK$300mil. HK$30mil. 2018 HK$20mil HK$600mil. HK$100mil. 2019 HK$15mil. HK$550mil. HK$60mil. ABC Company is planning to raise HK$250mil. by listing in Hong Kong stock market. Target free float of the company will be 25%. Based on the following information, determine whether ABC Company can be listed in Hong Kong. Financial Year Net profit Revenue OCF 2017 HK$10mil. HK$300mil. HK$30mil. 2018 HK$20mil HK$600mil. HK$100mil. 2019 HK$15mil. HK$550mil. HK$60mil.
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Related Book For
Intermediate Financial Management
ISBN: 9780357516669
14th Edition
Authors: Eugene F Brigham, Phillip R Daves
Posted Date:
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