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Singapore's BW LPG brings $300m deal to build eight new ships
Qatari dairy company’s rights issue struggles to get done
Food systems company’s largest shareholder raises €324m after shares rise on strong results and buyback
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Shares in Arabtec Holding, the Dubai-based construction company, slumped 9.8% on Monday morning after it said it would complete a Dh1.5bn ($408m) rights issue after its second consecutive annual loss. -
PCCW chased away the blues in Asia’s blocks market with a jumbo HK$8.53bn ($1.10bn) sell-down in subsidiary HKT last weekend — it was the region’s biggest overnight bookbuild this year.
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Indian telecom hardware company Tejas Networks is just a few steps away from its IPO, having filed a draft prospectus with the market regulator more than eight years after first proposing the idea of going public.
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Shares in DFS Furniture, the UK sofa retailer, rose 4.2% on Friday after its private equity owner Advent International sold its last shares in the company for £58.5m after the expiry of a lock-up and the release of DFS’s first half results earlier in the day.
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Thailand Future Fund is expected to launch the first tranche of its Bt100bn ($2.9bn) IPO in the third quarter of this year, said bankers.
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Indian school textbook publisher S Chand and Co has begun pre-marketing its IPO, which comprises primary and secondary equity.
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