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Kookaburra Pty Ltd Wants to Issue Shares to the Public

Question 3

True/False

Kookaburra Pty Ltd wants to issue shares to the public so it can raise $20 000 000 for the purchase of certain equipment it needs in its manufacturing business. If Kookaburra Pty Ltd complies with its disclosure requirements under Ch 6D of the Corporations Act 2001 (Cth), it can proceed with the proposed fundraising.

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