question archive (A) On 1 January 2020, Kayangan Acquired 90% Of The Equity Share Capital Of Gemai In A Share Exchange In Which Kayangan Issued Two New Shares For Every Three Shares It Acquired In Gemai Subject:AccountingPrice: Bought3 Share With (A) On 1 January 2020, Kayangan Acquired 90% Of The Equity Share Capital Of Gemai In A Share Exchange In Which Kayangan Issued Two New Shares For Every Three Shares It Acquired In Gemai
Subject:AccountingPrice:0 Bought3
(A) On 1 January 2020, Kayangan Acquired 90% Of The Equity Share Capital Of Gemai In A Share Exchange In Which Kayangan Issued Two New Shares For Every Three Shares It Acquired In Gemai Subject:AccountingPrice: Bought3 Share With (A) On 1 January 2020, Kayangan Acquired 90% Of The Equity Share Capital Of Gemai In A Share Exchange In Which Kayangan Issued Two New Shares For Every Three Shares It Acquired In Gemai. Additionally, On 31 December 2020, Kayangan Will Pay The Shareholders Of Gemai RM 1.76 Per Share Acquired. Kayangan's Cost Of Capital Is 10% Per Annum. At The Date Of Acquisition, Shares In Kayangan And Gemai Had A Stock Market Value Of RM 6.50 And RM 2.50 Each, Respectively. Equity As At 1 October 2019 For Gemai Is RM 10 Million, While The Retained Earnings Were RM 35 Million. Earning For The Year Ended 30 September 2020 Is RM 6.2 Million (Include Post Acquisition Period). At The Date Of Acquisition, The Fair Values Of Gemai's Assets Were Equal To Their Carrying Amounts With The Exception Of Two Items: