Keppel to list data centre fund in $432m IPO

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Singapore’s Keppel Telecommunications and Transportation Ltd (Keppel T&T) has begun pre-marketing the initial public offering (IPO) for its data centres, and plans to raise about S$540 million ($432 million). Keppel DC Reit will sell about 70% of its enlarged share capital with parent firm, and plans to use about half… Read more »

Xurpas lowers IPO price, to raise $30.4m

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Philippine mobile content giant  Xurpas Incorporated has priced its initial public offering (IPO) below the ceiling as it amiss to raise $30.4 million (P1.37 billion) from its maiden share sale. The digital products developer has got clearance from the Philippine Stock Exchange (PSE) for its float, and a notice on… Read more »


Sunway Construction plans $200m May Float

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Sunway Bhd’s construction arm, en route to a targeted listing in May 2015, could be submitting its prospectus next week to the Securities Commission (SC). A source in know of the listing exercise said, the group could be ready to put in its prospectus submission next week, Upon receipt of the registrable… Read more »


JAS Fund hopes to list upto $1b IPO this year

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Thailand’s Jasmine International’s  (JAS) Broadband Internet Growth Infrastructure Fund plans to issue initial public offering (IPO) within this year.The fund by the Thai-based integrated telecommunication service provider will provide capital to expand the company’s optical fiber network. The fund is waiting for clearance from the Securities and Exchange Commission (SEC) for the… Read more »


Indonesia’s Lion Air plans 2016 listing

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Indonesian air carrier Lion Group is planning an initial public offering (IPO) in 2016 and will use the proceeds to build an airport hub, vital for its future, its chief executive said, according to a report. “We are already talking to the banks about an IPO and will use the… Read more »


PT Archi launches up to $379m Jakarta float

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Indonesia’s gold mining operator PT Archi began roadshows, this week, for its upcoming initial public offer (IPO) that aims to raise between Rp3.5 trillion to Rp 4.6 trillion ($295 million to $379) million. PT Archi is part of the Indonesian conglomerate Rajawali Corp, controlled by tycoon Peter Sondakh. In addition… Read more »


Singapore’s Trans-cab to raise $114m from IPO

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Singapore’s second largest taxi-operator Trans-cab will sell 168 million shares, equivalent to 25% of the group’s enlarged share capital, in its initial public offering, aiming to raise up to S$114.2 million ($91.3 million) in the process. It has priced its shares at 68 Singapore cents (per share), putting the company… Read more »


Thaifoods Group plans year-end IPO

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Livestock processor Thaifoods Group (TFG) is planning  to raise funds through an initial public offering (IPO), during the next few weeks. The food processing conglomerate hopes to be listed on the Stock Exchange of Thailand (SET), before the year end. The proceeds from the IPO will be used by the company to… Read more »


Thailand’s CBG to raise $215m from IPO

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Thai energy drink maker Carabao Group PCL (CBG) is expecting to raise seven billion baht ($215.38 million) after pricing its initial public offering (IPO) at 28 baht per share, today. CBG will be selling 250 million shares, that represent 25% of the company’s equity capital, this month. The funds raised from the IPO will be spent… Read more »


Vietnam state cos to raise $77.5m in Nov float

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Vietnam’s five state-owned enterprises are expected to raise  $77.5 million through initial public offerings (IPOs), on the Ho Chi Minh Stock Exchange (HSX) in November. More government enterprise IPO’s are expected next month. The sale of shares is part of  government’s accelerated privatisation drive that might see listing of more than 400… Read more »