TAIEX companies raise capital of NTD 15 billion in first quarter

April 19, 2005

Enterprises listed on the Taiwan Stock Exchange raised capital totaling NTD 15.339 billion in the first quarter, according to the Taiwan Stock Exchange. This figure is 2.22 times greater than the NTD 4.755 billion raised in the same period last year.

Financial companies, as a class, were most active, raising a combined NTD 12.04 billion, while steel makers raised the second largest value at NTD 2.551 billion.

Cash capital increases accounted for nearly all capital raised by TAIEX companies in first quarter, totaling NTD 14.591 billion. This is 3.6 times more than the NTD 3.17 billion in cash capital increases in the first quarter of 2004.

(Central News Agency)

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