By Saeed Azhar
A final decision on the IPO destination will be taken by Crown Prince Mohammad bin Salman.
Noble Group Ltd. plummeted in Singapore after the company warned of a quarterly loss of as much as $1.8 billion and announced the sale of more assets, abandoning its ambitions in global commodities trading and falling back on its Asian roots in a last-ditch effort to survive. The shares sank as much as 49 percent to 29.5… Read more »
The offshore refinancing market has seen significant activity in the last two years, with several Indian companies tapping the opportunity.
ASX has become a leading IPO destination for Chinese enterprises.
The Hong Kong stock exchange has rejected the IPO application of AMTD Strategic Capital Group, a corporate insurance broker backed by Morgan Stanley’s private equity arm. It becomes only the sixth company to fall foul of Hong Kong stock listing regulations in nearly four years. The Hong Kong company, controlled… Read more »
Pactera could see a $200 million pre-IPO funding round.
Vietnam is firm on divesting stakes in the firms by the year-end
ChiNext Price Index’s valuation based on reported earnings is now at 36.2, compared with 34.3 for the Nasdaq.
Azure Capital is bullish on the small and mid-cap equities space in Singapore.
Japanese investors owned $13 billion of Indian stocks and bonds at June-end.