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Shipbuilder's shares fall 10% after capital raise
Italian shipbuilder is expanding capacity on strong defence demand
Deal priced at 1% premium to Monday's close
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Hong Kong’s equities market is poised to experience a sharp boost in volumes after Citic Pacific announced on Wednesday plans for a Rmb50bn ($8.1bn) reverse-IPO. -
Korean technology and pharmaceutical company Hanwha Chemical started meeting investors for a global depository receipt trade of up to $395m, hot on the heels of Industrial Bank of Korea.
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Taiwanese silicon wafer fabrication firm Inotera Memories has hired three banks to work on a global depository receipt transaction, which could be worth up to NT$12bn ($367m).
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South African mining company Royal Bokafeng Platinum completed a R800m ($76m) capital raise on Monday that will allow the company to develop a new mine.
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Taiwanese silicon wafer fabrication firm Inotera Memories has hired three banks to work on its global depository receipt transaction, which could be worth up to NT$12bn ($367m).
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Industrial Bank of Korea priced its $300m global depositary receipt offering almost a week before schedule, on the evening of April 11, as reverse interest was already sufficient to cover the trade.
