Thai billionaire Charoen Sirivadhanabhakdi eyes USD500 million IPO for F&N REIT. Charoen Sirivadhanabhakdi, Thai tycoon and the country's third richest man, announced plans of an IPO for Fraser and Neave (F&N) REIT.
Asia/Pacific
PE exits doubled in India, IT sector leading
Private equity exits in India had doubled amid the weakened currency, unstable market capital and poor macro-economic conditions.
US agreed on USD500 million Indonesia Apache deal
A military source told Reuters that the US had finally agreed on selling AH-64E Apache combat helicopters to the Indonesian army, and are still in talks to iron out the terms of the deal.
Baird Capital announces investment in Kedu Healthcare
Baird Capital recently announced its investment in China's Kedu Healthcare. In an announcement, Baird Capital said its China Growth Equity team had invested in one of the largest medical equipment service providers in China, namely Kedu Healthcare.
HUDCO plans raising INR12.5 billion
Reuters had seen a termsheet showing that HUDCO planned to raise INR12.5 billion through selling of tax-free bonds.
Latest News
MBK agrees to buy ING's South Korean unit to bring the latter's Asia exit plan closer to conclusion.
Malaysia's largest mobile phone operator has planned an IPO of its telecommunications tower assets.
Top Chinese banks had been expecting to win approval for negotiable certificates of deposit worth CNY10 billion.
The State Bank of India announced that it had expected to receive a total of INR4 billion in recapitalization from the government.
There were more than 110 China brokerages that would undergo government probe after Everbright Securities made a CNY23.4 billion buy order error.
Reliance Life announced to sell a 5% stake to private, public and cooperative banks. Reliance Life, a private insurer operating in India, said that it had planned to explore distribution tie-ups with a number of banks.
ONGC announced an acquisition deal for a 10% stake in Anadarko Corp priced USD2.6 billion. ONGC Videsh Ltd (OVL) had announced its planned acquisition of a 10% stake at Anadarko Corp.
Air India Express had announced it was looking at domestic expansion to be able to compete with three current budget airlines dominating India by the end of the year.
Infosys Vice President and Financial Services Head for the Americas Sudhir Chaturvedi announced resignation following a previous exit of the company's head of global sales, Basab Pradhan.
