01-27-2010, 04:10 AM
Dear,
Thanks abount informing about UK Laws.In Pakistan this also very difficult to issue shares at discount,but If SECP approve than a company can issue shares at discount.
This is normally approved when market price of a company share is less than its face value.Maximum rate of discount allowed by SECP is 10%.
Majid
Thanks abount informing about UK Laws.In Pakistan this also very difficult to issue shares at discount,but If SECP approve than a company can issue shares at discount.
This is normally approved when market price of a company share is less than its face value.Maximum rate of discount allowed by SECP is 10%.
Majid