What is the eumber of ights needed to purchafe one thinevsshare? Venture Berhad plans to raise RM20

What is the eumber of ights needed to purchafe one thinevsshare?
 

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Venture Berhad plans to raise RM20 million from a rights issue to fund a new business expansion. The company will issue 8 million new shares at a subscription price of RM2.50 per share. Currently, the company's common stocks are selling at RM3.70. Below is the partial equity account of Venture Berhad. Partial Equity Account for Venture Berhad (RM) Common Stock @ RM2 Premium Retained Earnings Total Equity 40,000,000 20,000,000 30,000,000 90,000,000 Venture Berhad plans to raise RM20 million from a rights issue to fund a new business expansion. The company will issue 8 million new shares at a subscription price of RM2.50 per share. Currently, the company's common stocks are selling at RM3.70. Below is the partial equity account of Venture Berhad. Partial Equity Account for Venture Berhad (RM) Common Stock @ RM2 Premium Retained Earnings Total Equity 40,000,000 20,000,000 30,000,000 90,000,000