Unprofitable companies scramble to raise capital Chia sẻ | FaceBookTwitter Email Copy Link Copy link bài viết thành công
08/05/2021 08:25 GMT+7
The stock market is the driving force for listed companies to strongly issue shares to increase capital. However, it is when unprofitable listed companies scramble to issue volumes of shares that the market becomes susceptible to facing many risks.
TTF with loss of VND 3,000 bn issued shares to mobilize VND 1,000 bn.
Continuous losses
According to Fiinpro data, in the first quarter of 2021, there were 43 listed companies mobilizing nearly VND 19,800 bn for issuing about 1.1 billion shares to existing shareholders, equivalent to 70% of issue value of the whole year of 2020. This is the highest level in terms of both volume as well as value of issue increased quarterly, ever since the outbreak of the Covid-19 pande