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Placements beat rights as companies take quickest route to funds

Placements of S$3.1b so far this year surpass rights issue total as volatility picks up

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Published Thu, Nov 15, 2018 · 09:50 PM

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    Singapore

    WHEN time is of the essence, share placements beat rights issues for companies in need of funds - especially when market volatility is up.

    Bankers say placements are increasingly the capital-raising instrument of choice for listed companies because dealing with strategic or institutional investors may be more efficient and faster in a volatile market, especially when it involves time-critical acquisitions or deals.

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