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Cypriot night vision goggles manufacturer has benefited from defence industry boom
Capital raise successful amid share volatility
Military goggles maker Theon starts €150m rights issue
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Quam Financial Services Group, an arm of Mainland conglomerate China Oceanwide Holdings, is seeking shareholder approval for a HK$5.1bn ($659.8m) rights issue.
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Shareholders of Sarana Menara Nusantara raised Rph5.4tr ($405.2m) from a re-IPO of the Indonesian company, selling the stock at the bottom of indications.
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Shares in Lonza, the Swiss pharmaceutical company, closed 3.8% higher on Wednesday after it launched its Sfr2.25bn rights issue to partly finance its acquisition of Capsugel from KKR, having secured approval from its shareholders at its annual general meeting on Tuesday.
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Credit Suisse shares closed 2.7% higher on Wednesday after the bank confirmed what had been widely expected: it will conduct its second rights issue in 18 months, and scrap its plan to float its Swiss Universal Bank.
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This week, two large, highly anticipated Swiss rights issues have gone live. One to end capital concerns, and the other to finance an acquisition.
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Landing International Development has wrapped up a HK$5bn ($643m) rights issue, but a low turnout from shareholders meant one of the underwriters had to step in.