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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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Samsung Heavy Industries Co could be mulling a rights issue to raise as much as W1.7tr ($1.5bn) by the end of this month or early September, after posting higher than expected operating losses.
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Mapletree Commercial Trust raised the roof with its S$1.04bn ($766.01m) overnight block-plus-rights combo this week, in a deal that earned praise from bankers on and away from the transaction. The placement tranche now ranks as the largest by a Singapore real estate investment trust, and could pave the way for more Reit-related fundraisings. John Loh reports.
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Mapletree Commercial Trust priced an overnight block-plus-rights combo on Tuesday to raise S$1.04bn ($766.01m), in a deal that earned praise from bankers on and away for its slick execution.
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Mapletree Commercial Trust has opened books on a S$1.02bn ($751.3m) dual tranche equity fundraising that is being conducted via an overnight share sale and preferential offering.
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Singapore’s Noble Group has sown up its S$719m ($522m) rights offering with a 173.7% oversubscription, according to a stock exchange filing on Monday.
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Shares in SSAB, the Nordic steel producer, have risen by 11% since the company announced the completion of its oversubscribed Skr5bn ($599m) rights issue on Friday.