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Shareholders sell down holdings in AutoStore and Orsted, as shipping company opens books ahead of Athens parallel listing
Proceeds expected to go towards growth, including expanding what the company says is Africa’s biggest refinery
Anna Repetto joins from Barclays
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Indonesian telecommunications giant XL Axiata is preparing to net Rph6.73tr ($510.36m) from a rights issue, fixing the price of the offering at Rph3,150 a share.
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Chinese wind farm operator Huaneng Renewables Corp is seeking approval from shareholders to raise new debt in the onshore or offshore bond market, as well as sell H-share convertible bonds.
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JP Morgan has found itself in the spotlight for becoming the first global bank to have its IPO application returned by the Hong Kong Stock Exchange since the regulator tightened the screws on listings two years ago.
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UBS has appointed Damien Brosnan and Peihao Huang to the newly created positions of co-heads of ECM Solutions, Asia, effective immediately, according to an internal memo seen by GlobalCapital Asia.
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Samsung Biologics, which sent out a request for proposals for its South Korean IPO on April 29, is understood to have invited nine domestic and six international firms to submit bids.
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In this round-up, Hong Kong RMB deposits shrank further in March, southbound usage of the Shanghai-Hong Kong Stock Connect picked up, China's foreign exchange regulator granted four new RMB qualified foreign institutional investor (RQFII) quotas in April, and Singapore Exchange launched trading of derivatives under the new MSCI China Free Index. Plus, a recap of GlobalRMB's top stories this week.
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