Top section
Top section
Shipping company issues new shares as it raises stake in peer to roughly a fifth
Investors want more mid-cap deals and wider variety of sectors
Cornerstone investors commit roughly €170m as company aims to raise €300m
More articles
More articles
More articles
-
Jasmine Broadband Internet Infrastructure Fund has again postponed its Bt38.5bn ($1.2bn) IPO after approvals from the regulator came later than expected. -
Dalian Wanda Commercial Properties has built strong momentum for its HK$29.76bn ($3.8bn) Hong Kong IPO, which launched to the market on Monday morning, bringing in 11 cornerstone investors to take up nearly $2bn of the trade. With the deal coming to the market very close to the end of the year, the presence of big-name institutions and sovereign wealth funds at the top helps support the company’s story, say bankers.
-
CLSA has taken the next step on the build out of its capital markets business with the hire of a veteran banker run to run investment banking. The brokerage has been steadily building up its IB expertise since the merger with Citic Securities.
-
Game developer Linekong Interactive Co is seeing traction for its $187m IPO on the Growth Enterprise Market (Gem) board after opening books on Monday and is having to share the limelight with two of Hong Kong’s biggest listings this year.
-
The blockbuster demand for Cheil Industries’ W1.52tr ($1.4bn) South Korean IPO, which priced at the top on Friday evening to become the country’s largest listing since 2010, has led to a handful of investors ending up with no stock at all while many bidders have received just token allocations.
-
India’s divestment plan has got off to a good start with the government offloading a 5% stake in Steel Authority of India (Sail) on Friday to raise around Rp17.15bn ($277m), in a day-long trade that was well received by both institutional and retail investors.
Sub-sections
shared comment list
