The amount of capital that Shoprite can raise is dependent on various factors. It is to be noted however that "Shoprite Checkers will contribute R888 million, allowing the Shoprite Employee Trust to subscribe for 10% of the stocks, with Shoprite Checkers funding the remaining shares on a notional basis.
<h3>Who is Shoprite?</h3>
Shoprite Holdings Limited is an investment holding company established in South Africa.
The business is a fast-paced consumer products store.
Its primary activity is food retailing, which is supplemented by furniture, medicines, hotels, tickets, digital commerce, financial services, and cellular facilities.
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Answer:
Sales orientation
Explanation:
Sales Orientation is a business approach of making profits by focusing on persuasion of people to buy the products instead of understanding the customer needs
Answer:
D) revenue
Explanation:
Revenue is the total amount of income generated by the sale of goods or services related to the company's primary operations.
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The offering price is $11.7 .
The offering price includes a 6% front-end load, or sales commission, meaning that every dollar paid results in only $0.95 going toward the purchase of shares.
Therefore:
Offering Price = NAV/1-load = 11.20/1-0.05 = $11.7
An offering price refers to the rate of a inventory set by means of an investment financial institution in the course of the IPO system. An supplying rate is primarily based on the organization's valid possibilities and set at a level with a view to attract interest from the overall investing public.
The POP / Public imparting fee is the fee an investor ought to pay to purchase mutual fund shares. The POP is the sum of the internet asset cost and the income rate an investor should pay to make investments.. The components for determining the POP is NAV + SC = POP.
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