ABB/Block Trades - All articles

  • Evergrande slashes $1bn top-up for cautious buyers

    China Evergrande Group this week tapped the equity capital markets for HK$4.3bn ($554.9m), making its first primary share sale in five years. But the fundraising did not go as planned, with the embattled property developer nearly halving its initial target after investors called for a smaller deal. Jonathan Breen reports.

    • 15 Oct 2020
  • China Evergrande cuts top-up to $555m, stock dives

    China Evergrande Group’s stock price plummeted on Wednesday after the issuer slashed an overnight share sale to nearly half its initial target, raising HK$4.3bn ($554.9m).

    • 14 Oct 2020
  • China Evergrande launches $1bn top-up

    China Evergrande Group, a property developer, hit investors with a jumbo top-up placement on Tuesday, eyeing proceeds of up to HK$8.4bn ($1.1bn), according to a term sheet seen by GlobalCapital Asia.

    • 13 Oct 2020
  • Doosan Fuel Cell shares dive on smaller $171m block

    The share price of Doosan Fuel Cell Co, a subsidiary of South Korean conglomerate Doosan Group, nosedived on Tuesday after affiliates of the parent raised a smaller-than-expected W198.6bn ($171.1m) from a block trade.

    • 06 Oct 2020
  • Doosan Fuel shareholder targets $353m from block

    One of Doosan Fuel Cell Co’s major shareholders is offloading its stake in the South Korean eco-friendly cell maker for up to $353m-equivalent.

    • 05 Oct 2020