Introduction to Raising Share Capital
Just the once the company has made its primary share issue to begin business (generally soon after the company is first created) it might decide to make additional issues of new shares.
These may be:
? Rights issues - issues that are made to existing shareholders, in proportion to their available shareholding
? Public issues - issues that are made to the general investing public
? Private placing - issues that are made to selected individuals who are generally approached and asked if they would be interested in taking up new shares.
Throughout its lifetime a company might use all three of these approaches to increasing funds by issuing new shares (even though only public companies can make appeals to the general public).
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The variation among the joint products and by-products should be understood noticeably. Joint products can be described as specifically different main products that are inevitably produced concurrently from common inputs or through common processing.
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