Perkone Conducts Share Offering To Raise Capital For Expansion

New Eden News - Sun, 08 Mar 2009 - 00:00

Anttiri - Perkone, one of the major Caldari manufacturing corporations, announced their intention to conduct a secondary share offering in an effort to raise as much as 30 billion ISK. Economic experts view this move as an indication that the Caldari economy is on the rise.

Kakanen Maloras, Perkone's CFO, said that the company intends to "aggressively pursue opportunities presented by the current economic and business conditions." He added that Perkone will use the proceeds of the capital increase to "continue improving the quality of its production facilities and take advantage of potential opportunities to expand its core business, including the funding of potential asset acquisitions and participation in joint ventures."

The offering will be priced at a 12.5% discount to the current share price. The company's existing shareholders will have the right to purchase the new shares before they are made available to the public. Hyasoda Corporation, Perkone's controlling shareholder, are expected to execute its rights in full.

Analysts link the move to the Caldari-Amarr Economic Stimulus Agreement, a recent initiative of Empress Jamyl I. "The CAESA investment package was bound to have far-reaching effects in the Caldari State due to its sheer size," said Rani Tilam, head analyst for SarumGlobal, an Amarr investment fund. "Initially, there were concerns about its usefulness, but the long-awaited increase in the confidence of State businesses demonstrates that the money was not been spent in vain."

The meetings between Perkone management and investors are expected to begin today.

32 Likes 10 Comments
MENTIONED CAPSULEERS
  • img

    Empress Jamyl

    Mentioned in 61 total New Eden articles

  • img

    Kakanen Maloras

    Mentioned in 1 total New Eden articles

MENTIONED FACTIONS
  • img

    Caldari State

    Mentioned in 382 total New Eden articles

MENTIONED SYSTEMS
  • img

    Amarr

    Mentioned in 634 total New Eden articles

Shortcuts

Messages

  • avatar
    Elizabeth Ava2
    3:55 PM

    Elizabeth is online

  • avatar
    George Rhys1
    12:04 PM

    I must explain...

  • avatar
    Bethany Isla2
    Yesterday

    We denounce with righteous..

  • avatar
    Margaret Emma1
    01 Mar

    http://Diam-duoet.xd

  • avatar
    Michael Souris1
    22 Feb

    +13 photos

Workspace

  • Olivia Lily1
    2:00 PM

    Aliquyam ipsum sit.

  • Smith Brown2
    12:00 PM

    At eos no sit...

  • Wilson Li24
    16 Feb

    Sit est dolor dolor.

  • Jones Morton3
    12 Jan

    Erat diam ipsum... Sed dolor...

  • White Lee1
    01 Feb

    Justo accusam stet eirmod et....

Calls

  • avatar
    Wilfrid Price3
    11:15 AM

    Missed call

  • avatar
    Jasmin O'Kon
    Yesterday

    Duration: 15:30

  • avatar
    River Gleichner
    01 Mar

    Declined

  • avatar
    Saul Goodmate1
    20 Feb

    Missed call

  • avatar
    Edgardo Huel
    15 Feb

    Duration: 01:20:10

Find out more !
Mail Settings
Notifications :
App :

Files :

Images
1,458
Videos
213
Storage
8.50MB free space

Files Privacy Settings :

Two Factor Authentication

Delete All

+91
Remaiders :
This Is Not You're Looking For?
Go To Profile Settings