Hock Meng Tay
The acquisition was done through Keppel Capital Holdings Ltd and Keppel Land China Limited.
Street is discounting the impact of negative cash flow burn rates
Investors are concerned whether the swings in the stock price are due to a relatively small float or some underlying issue with the overall fundamentals.
From pain points to potential profitability drivers, here are some of the areas investors and analysts will be watching closely.
The regional internet major raised $1.5 billion in an upsized ADS offering in the US, leading analysts tracking the stock to expect higher cash calls over the next year or so.
In September 2018, it had filed a preliminary prospectus to list on the Catalist Board but decided to postpone the eventual offering. The latest filing is CPL’s second attempt.
The company intends to deploy the IPO proceeds for further development of the Bukit Besi Mine.
The firm is likely to double its cash and cash equivalents to over $2 billion.
Based on Bank Permata’s current market cap of $2 billion, StanChart’s stake in the Indonesian lender is worth about $891 million.
DEALSTREETASIA takes a look at some numbers based on Alibaba’s quarterly earnings update to deep-dive into where Lazada stands vis-a-vis its peers.