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Military goggles maker Theon starts €150m rights issue
French biotech seeks to accelerate cancer vaccine program
Payment processor's shares dropped to new low on Thursday
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The Privatisation Commission of Pakistan started roadshows for its divestment from Habib Bank on Monday, March 30, in an offering that starts at a base size of 250m shares with a possibility to sell as much as 609m shares depending on demand.
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The Philippines’ East West Banking Corp will sell shares in its Ps8.00bn ($179.89m) rights issue from April 24 to April 30, as it seeks to beef up its capital ratios.
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Emperor Capital Group is looking to raise up to HK$1.31bn ($169m) from a combination of placement and rights issue, as the brokerage seeks to shore up its money lending and asset management operations.
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India’s Tata Motors is looking to raise up to Rp75bn ($1.2bn) from a nine-for-109 rights issue, after getting the green light from its board of directors on March 25.
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Malaysia’s Eco World Development Group has wrapped up its MR788m ($220m) one-for-two rights offering successfully, after getting just enough demand to cover books comfortably.
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GMR Holdings has secured funds from KKR Capital Markets to sign up for its entitlement in the Rp14.02bn ($227m) rights offering being conducted by GMR Infrastructure, providing a massive boost to the equity-raising.