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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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Tata Motors is gearing up to pitch a Rp75bn ($1.22bn) fundraising plan to shareholders as it seeks to pare debt and shore up capital for growth.
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State Bank of India is to seek the consent of its shareholders to raise Rp150bn ($2.43bn) of equity capital by way of a public issue.
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Pacific Andes Resources Development has wrapped up its S$195.5m ($150m) four-for-five rights offering, with the take-up from shareholders only translating to 93.68% of the total rights shares available.
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Philippines’ Metropolitan Bank is set to raise up to Ps32bn ($719.38m) in a rights offering to beef up its capital ratios.
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Thailand is shaping up to be one of southeast Asia’s busiest destinations for IPOs this year, with the pipeline of deals of above $100m building faster than in any of the country's peers in the region. A lot of the kudos for this goes to Thailand's Securities and Exchange Commission (SEC), which is actively working towards boosting the equity capital market by expediting the listing process for issuers, writes John Loh.
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Singapore-listed, Myanmar-based Yoma Strategic Holdings expects to net S$163.86m ($123.58m) from a rights offering, its first follow-on since June last year.