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Shares trade 8% above offer price as shipping company completes second listing
TX Group and SMG absorb almost 60% of block as insurer cuts holding to 11.8%
Investors back German engine manufacturer’s raise to 'balance the books' after €1.6bn acquisition gets go-ahead
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Jude Krishnan, an associate director of ECM with RHB Securities Singapore, a unit of Malaysia’s RHB Banking Group, is no longer with the firm.
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GMR Infrastructure is planning to hit the equity capital market for Rp25bn ($393m) in funding, once shareholders give it the green light. The move comes after the firm raised Rp14bn in a rights issue earlier this year.
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Norton Rose Fulbright has boosted its Hong Kong team with a new hire, appointing Terence Lau as a corporate and equity capital markets partner.
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Tat Hong Holdings, a Singapore-listed supplier of heavy machinery, has picked Taiwan Stock Exchange as the venue for listing its tower crane rental businesses in China.
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On July 15, 2015, Afren announced that the expected level of near term production would likely be materially lower than what had been announced alongside the proposed restructuring on March 13.
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The collapse of Afren, the once-proud London-listed oil exploration and production company with three bond issues to its name, is a shocking reminder of the risks investors face in emerging markets, and of how even some of the most sophisticated players in financial markets can get things drastically wrong.
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