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Proceeds enable fund to buy 14-property portfolio as units fully placed in best efforts process
Number of listings for the year doubles over eight weeks in summer as companies seek to access capital after Iran war disruption
Bank set to issue 106.4m shares at $4.48 per share
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A pair of Indian IPOs that launched earlier this week showed investor appetite for new share sales is far from waning.
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Singapore-based Novena Global Lifecare Group is teeing up a $150m IPO in Taiwan as it looks for capital to fund expansion in north Asia.
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On Wednesday, the UK’s Institute of Directors, the organisation that represents company directors and business leaders, became the latest lobby group to voice its concern at the Financial Conduct Authority’s proposal to create a new premium listing category for sovereign-owned companies.
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The Indian government is set to raise Rp4.8bn ($75.2m) through an offer for sale of Hindustan Copper's shares this week, according to an exchange filing.
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Punjab National Bank has added its name to the list of Indian FIG names seeking new equity, approving a Rp30bn ($470m) fundraising plan.
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A solitary capital increase from Monday was the stand-out trade of a meagre bunch in equity capital markets this week, with the IPO market on pause until September.
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