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Which of the Following Statements Is True

Question 26

Multiple Choice

Which of the following statements is true?


A) Under ASX listing rules,shareholders must approve a proposed employee share plan.
B) Under ASX listing rules,a company is not allowed to pay dividends from current year profits.
C) Under ASX listing rules,a company is not permitted to raise capital beyond 15 per cent of issued shares in any six-month period via private placements without shareholders' consent.
D) None of the given options.

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