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Company ‘made out like bandits’ as investors piled into deal and delta placement
Trade bodies speak out against push to drive equity trading on to lit markets
Shares trade 8% above offer price as shipping company completes second listing
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Johor Corp (JCorp), a Malaysian state-owned firm, plans to list an Islamic real estate investment trust (Reit) holding MR900m ($253.22m) in assets by the third quarter of this year. -
DBS hires in ECM — VietJet takes off for IPO — PathLabs looks for Indian listing
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“Not too bad” was the market’s verdict on Barclays’ results on Wednesday, despite another ugly hit from fines for bad conduct.
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China Communications Construction Co (CCCC) has secured the backing of its board for the H-share IPO of its dredging arm in Hong Kong, which is looking to raise about $800m.
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ECM bankers are thanking their lucky stars after the markets exploded into life this month and helped fatten their wallets. But the uptick in business has also provided plenty of chuckles when some issuers go a tad overboard.
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Solusi Tunas Pratama (STP) has gone on the road for its up to Rph3.91tr ($302.24m) follow-on in Indonesia, as the telecommunications tower operator looks to give investors exposure to a liquid play on the sector.
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