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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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Malaysia’s IOI Properties Group has successfully tapped the equity market for MR1.5bn ($343.2m) via a rights issue, with the funds to be deployed to repay debt.
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John Laing Infrastructure Fund, the FTSE 250-listed closed end investment fund, is raising £122m through a capital increase led by JP Morgan to reduce its debt after investing in over 60 projects since its creation in 2010.
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Shares in Deutsche Bank, the largest bank in Germany, fell 2.7% on Monday morning after it published its 2016 annual report and launched its €8bn two-for-one rights issue.
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Min Xin Holdings is looking to raise HK$827m ($107m) via a rights issue to pay down bank borrowings, according to a filing made after markets closed last Friday.
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Shares in Tullow Oil, the UK oil and gas drilling company, fell 16% on Friday morning after it announced plans for a £607m rights issue to strengthen its balance sheet after oil prices have rallied from their slump in 2015.
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Reliance Infrastructure’s board of directors has given the go ahead for an up to Rp20bn ($305.0m) qualified institutional placement, according to a stock exchange filing.