Markets
Issuing more shares good for shareholders
Koon Yew Yin | 08 Sep 2017 00:30
Every businessman wants to build up his company to list on the stock market so that he can create more shares to sell to the public at a higher price above par value.

To get his company listed is like getting a licence from Bank Negara Malaysia to print money.

After he has achieved a good track record in accordance with the rules set by the Securities Commission, he can issue new shares or at the same time, sell his existing shares to the public via an initial public offer (IPO).

With the cash he receives from the IPO, he should be able to expand his business to make more profit.

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