CMRU plays it safe with $90m IPO
Copper recycler China Metal Resources Utilization raised HK$698m ($90m) on February 14 pricing in the middle of its indicative price rang even though investors showed little price sensitivity,...
View ArticleAsia IPO update: Hanhua Financial, Sunfonda, Man Sang, Jumei.com, Lotte Shopping
Chinese microfinance firm Hanhua Financial will begin pre-marketing its $300m to $400m Hong Kong IPO this week and possibly as soon as Tuesday, according to a banker on the trade.
View ArticleUBS buys China futures brokerage
UBS Securities will buy a majority shareholding in Shanghai Pumin Futures, a Chinese brokerage, making it the first foreign invested securities firm in China that is licensed to carry out a full range...
View ArticleSinoPac hires Schlabbers to head new Asian fund
Hong Kong based SinoPac Asset Management has appointed Manuel Schlabbers to manage the firmâs new Accudo Asian Value Arbitrage Fund.
View ArticleIndonesia IPO update: Keluarga Group, Bali Towerindo Sentra, Indosmelt
Private hospital operator Mitra Keluarga Group is looking to tap Indonesiaâs domestic market for funding via an IPO in the second quarter, according to a banker close to the deal.
View ArticleHarbin Bank to launch $1bn IPO in March
Chinese provincial lender Harbin Bank is planning to launch its $1bn Hong Kong IPO into the market as early as March, according to a banker close to the deal.
View ArticleHK IPO update: Optics Valley Union, Locojoy, Cogobuy
Chinese property developer Wuhan Optics Valley Union is planning to raise $200m by floating on the Hong Kong Stock Exchange in March, a banker close to the transaction said.
View ArticleNord Anglia hoping for good marks in the US
International schools operator Nord Anglia Education filed for a $300m US IPO on February 18 as it looks to take advantage of its recent expansion in the country.
View ArticleIndia should stop pussyfooting and start selling shares
The Indian government has cut its annual divestment target by half, a month before the fiscal year-end. Instead of wimping out, it would have done much better to stick to the original goal.
View ArticleShareholder fetches $248m via SapuraKencana sell-down
The son of former Malaysian prime minister Mahathir Mohamad, Mokhzani Mahathir, sold MR818m ($248m) worth of shares in SapuraKencana Petroleum on February 18 via a private placement.
View ArticleMalaysia Airports poised for March primary placement
Malaysia Airports Holdings (MAH) is expected to conduct a private placement of new shares worth 10% of its existing share capital in early March, according to a banker close to the deal.
View ArticleMAH readies acquisition via block in March
Malaysia Airports Holdings (MAH) is expected to conduct a private placement of new shares worth 10% of its existing share capital in early March, according to a banker close to the deal.
View ArticleInotera Memories receives go-ahead for $367m GDR
Taiwanese silicon wafer fabrication firm Inotera Memories received shareholder approval on February 13 to issue NT$12bn ($367m) worth of global depositary receipts.
View ArticleCMRU plays it safe with $90m HK flotation
Copper recycler China Metal Resources Utilization raised HK$698m ($90m) last Friday, pricing in the middle of its indicative range, even though investors showed little price sensitivity, according to a...
View ArticleInvestors loving Poly Cultureâs $331m first exposure play
The lure of what will be only the second listed auction house in the world is proving to be too strong for investors to resist, as books for Poly Culture Group Corpâs HK$2.57bn ($331m) IPO are...
View ArticleSoutheast Asia IPO news in brief, February 21, 2014
Premarketing begins for Jasmineâs $1.5bn internet fund â Mitra Keluarga to offer hospital exposure â Bali Tower eyes March flotation â Indosmelt plans $500m IPO in 2015
View ArticleVice-chairman sells $248m worth of shares in Malaysiaâs SapuraKencana...
The son of former Malaysian prime minister Mahathir Mohamad sold MR818m ($248m) worth of shares in SapuraKencana Petroleum on February 18 via a private placement.
View ArticleSunfonda leads charge for car-sellers with $100m HK IPO
Chinese auto-dealer Sunfonda Automobile started premarketing for a $100m Hong Kong IPO this week. While the IPO might be small, its importance is anything but, as a number of larger deals in what is a...
View ArticleNord Anglia hoping for good grades with $300m US IPO
International schools operator Nord Anglia Education filed for a $300m US IPO on February 18 as it looks to take advantage of its recent expansion in the country.
View ArticleChukong Tech seeks US listing with $150m IPO
The list of Chinese firms eyeing up an US IPO has just gotten longer thanks to mobile game developer Chukong Tech, which is planning to raise $150m in the second half of the year, according to a banker...
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