Top Section/Ad
Top Section/Ad
Most recent
Qualifying shareholders take up 68% as remainder stays with conditional placees
Underwriting left unused after deal is 33% oversubscribed
Shareholder-backed recapitalisation will help reduce debt and prepare assets for sale or listing
Placing and open offer follows recent acquisition of US annuity provider
More articles/Ad
More articles/Ad
More articles
-
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. -
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.
-
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.
-
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.
-
JSW Energy, part of Indian conglomerate JSW Group, is preparing to hit the ECM market with a qualified institutional placement of up to Rp50bn ($802m), as the company looks to shore up capital to put to use for its growth plans.
-
Malaysia Airports Holdings has received a very positive response from shareholders for its MR1.32bn ($396m) rights offering, with investors piling in for far more shares than were available as part of the one-for-five issuance.
