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08-09-2013, 09:34 PM
i think company goes for private placement instead of rights for the shareholders/public, must have its own reasons.
i think one reason is speed. Another reason, current shareholders/public may not accept the rights if there is not enough premiums.
Can anyone share more reasons why Company choose private placements over rights issue?
Not long ago, i think this year only, i remember NOL try to issue preference shares (dare not try rights issue at all)but was not favoured by the market. In the end NOL had to sell their HQ office at Tanjong Pagar.
That proves that the Market is usually very alert. i may be sleeping at times.
i think one reason is speed. Another reason, current shareholders/public may not accept the rights if there is not enough premiums.
Can anyone share more reasons why Company choose private placements over rights issue?
Not long ago, i think this year only, i remember NOL try to issue preference shares (dare not try rights issue at all)but was not favoured by the market. In the end NOL had to sell their HQ office at Tanjong Pagar.
That proves that the Market is usually very alert. i may be sleeping at times.
WB:-
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.
1) Rule # 1, do not lose money.
2) Rule # 2, refer to # 1.
3) Not until you can manage your emotions, you can manage your money.
Truism of Investments.
A) Buying a security is buying RISK not Return
B) You can control RISK (to a certain level, hopefully only.) But definitely not the outcome of the Return.
NB:-
My signature is meant for psychoing myself. No offence to anyone. i am trying not to lose money unnecessary anymore.