GLOBALCAPITAL INTERNATIONAL LIMITED, a company

incorporated in England and Wales (company number 15236213),

having its registered office at 4 Bouverie Street, London, UK, EC4Y 8AX

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Follow-ons and Rights issues

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  • Ascendas Real Estate Investment Trust tapped equity investors for S$452.1m ($328.6m) with a follow-on offering on Thursday, its first visit to the market in over two years.
  • Chinese biotechnology firm Zai Lab is tapping equity investors for around $150m, hitting the market with a follow-on sale of American Depository Shares (ADS).
  • Larsen & Toubro is looking to raise at least Rp18bn ($254.2m) from the sale of stock in its subsidiary Larsen & Toubro Infotech.
  • Union Bank of the Philippines has set the terms for its planned Ps10bn ($187.6m) rights offering, which is set to go live in early September.
  • Shares in IG Design Group, the UK maker of stationery products and gift packaging, rose 5.7% on Tuesday after the company announced its takeover of Impact Innovations, a US-based supplier of gift wrapping, which it revealed early in the morning alongside a share sale to fund the transaction.
  • RusHydro, the Russian hydroelectricity firm, has filed for a Rb13bn capital raising in order to fund the construction of overhead power lines.