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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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South Korean Hanjin Heavy Industries and Construction’s W191.4bn ($184.4m) rights issue has proved a hit with shareholders, with the transaction oversubscribed by the time books closed. -
Malaysian infrastructure and construction company Kumpulan Europlus Berhad (KEB) has launched a three for four rights issue, in a transaction set to raise MR464.1m ($144.6m).
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The shares of Malaysia’s Public Bank was down 4% following the completion of the lender’s jumbo MR4.83bn ($1.5bn) one for 10 rights issue - the largest ECM trade in the country so far this year.
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Shares of African Bank Investments (Abil), South Africa's biggest unsecured lender, plunged this week as the bank unveiled a need for at least $790m of new capital, despite a recent rights issue, because of losses and writedowns.
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Shares of African Bank Investments, South Africa's biggest unsecured lender, plunged this week as the bank unveiled a need for at least $790m of new capital, despite a recent rights issue, because of losses and writedowns.
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South African furniture retailer Steinhoff International has completed an R18.2bn capital raise, issuing 350m new shares as it repatriates capital ahead of its planned Frankfurt listing.
