KLSE (MYR): GADANG (9261)
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Last Price
0.34
Today's Change
-0.01 (2.86%)
Day's Change
0.34 - 0.35
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432,300
2024-10-14
2024-10-14
2024-10-14
2024-10-14
2024-10-14
lkoky
539 posts
Posted by lkoky > 2016-03-07 19:41 | Report Abuse
private placement is good, as long as it is use for new project that can generate more revenue/profit.
Think about it this way, if you need to develop a new project... u need money, as individual u can only borrow from bank, which need to pay back together with interest.
But for a public listing company, it can also do a private placement to raise the money. In this case the money flow into the company, but no need to pay back and no interest incurred. Of cuz u have new shareholder.