• Wed
  • Oct 1, 2014
  • Updated: 3:12am

Share offerings reach record

PUBLISHED : Wednesday, 12 April, 2000, 12:00am
UPDATED : Wednesday, 12 April, 2000, 12:00am

Australian companies raised a record A$23 billion (about HK$107.24 billion) of equity in the six months to December 31 last year, taking advantage of a buoyant share market. A record 86 companies were listed on the Australian Stock Exchange during the period, 70 of which raised $50 million or less. Telecommunications and media companies raised 55 per cent of total equity, and the top five share issues gained between 380 per cent and 545 per cent.


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