Indonesia’s IPO market overturned after foreign and local funds exit from Jakarta after being threatened with a wave of global volatility and valuations.
Asia/Pacific
Cochin Shipyard Considers IPO
Cochin Shipyard considered IPO to fund its expansion that is valued roughly at RS1500 crore. (Photo : Reuters)The image shows a ship dry docking at a port.
UBS AG to Leave Banking Business in India
On Friday, UBS AG surrendered its banking license in India after battling several allegations of money laundering.
Tsinghua Holdings Offers US$1.38 Billion Buyout for Spreadtrum
Spreadtrum, a Chinese cellphone chip designer said it received a buyout proposal from Tsinghua Holdings priced at US$1.38 billion.
AirAsia X raised $308 in IPO despite risks
AirAsia X gained $308 million in its IPO. (Photo : Reuters)AirAsia is completing its deal to buy up to 100 jets from Airbus. AirAsia X, AirAsia Bhd. 's long-haul subsidiary, announced that it has defied odds and successfully gained an amount close to $308 million in a share sale held in Kuala Lumpur.
Latest News
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
SoftBank executive Masayoshi Son announced confidently that the deal offered for Sprint will be completed in July.
Shriram Ventures are in discussion with private equity firms such as Blackstone Group and Temasek Holdings.
The following bids, mergers, acquisitions and disposals were reported on Thursday. The following bids, mergers, acquisitions and disposals were reported on Thursday.
Foreign investors purchased a large volume of domestic South Korean bonds equalling net stock sales to foreign buyers overall.
Al Baraka Bank of Bahrain to issue US$200 million sukuk bond. (Photo : Reuters)The image is the corporate logo of Al Baraka Bank. The Turkish unit of Al Baraka Bank is working on a US$200 million sukuk.
Roman Abramovich's Ervington Investors agreed to fund Linc Energy's study on UCG. (Photo : Reuters)The image is an Australian coal deposit mound.
Carlyle Group and Seven Group Holdings cancelled its sale of Coates Hire. (Photo : Reuters )A consortium led by Carlyle Group and company management agreed to take Chinese economy hotel chain 7 Days Group Holdings Ltd private.
Chinese security agency CSRC halted the upcoming IPO of Tianfon as part of its anti-fraud campaign. (Photo : Reuters)The Chinese flag waiving in front of rising business sectors The government of China is reported to have started its investigation of Everbright Securities Co.
