Question

For which purposes are funds raised in the primary market?

Options

• Applications, orders, underwriting and listing

• New projects, expansion, diversification, modification, mergers and takeovers

• Advertising, issuing houses, stock brokers and registrars

• Prospectus, electronic link, applications and orders

Answer 1

Companies raise primary-market funds for new projects and for expansion, diversification or modification. Mergers and takeovers are also purposes for raising these funds.