By Anirudh Laskar and Jayshree P. Upadhyay
BSE’s shareholders and investors include Deutsche Boerse, Singapore Exchange, LIC, SBI, Bajaj Holdings, George Soros’ hedge fund, Caldwell India Holdings Inc. and Argonaut Private Equity.
FTIL, directly and through its subsidiaries, trimmed its stake in various overseas exchanges as well as mobile transaction and payment gateway company, ATOM, in the aftermath of the National Spot Exchange Ltd (NSEL) crisis, following a Rs.5,574.34 crore fraud.
China Orient Asset Management Co, one of the country’s top distressed debt managers, will raise 10 billion yuan ($1.52 billion) ahead of its initial public offering (IPO), Xinhua news agency said on Thursday. The money will be raised from strategic investors around the end of this year, Xinhua said, without… Read more »
Thailand’s second largest cinema chain operator SF Corporation plans to raise 2-2.5 billion baht ($55.87-$69.83 million) via an initial public offering (IPO) in the second half of this year. The listing has been postponed from last year due to the fluctuated market.
Hong Kong-headquartered Noble was thrust into the spotlight a year ago when Iceberg Research published the first of three detailed reports on it, alleging it inflated its assets by billions of dollars by inaccurately representing the value of its contracts, a charge Noble has rejected.
iCandy had initially targeted to raise $3.5 million for its IPO, as stated in its prospectus, with a minimum target of A$2.5 million ($1.76 million).
South Korea’s stock exchange has approved Hotel Lotte Co Ltd’s plan for an initial public offering, a Korea Exchange official said on Thursday. Hotel Lotte could raise up to $5 billion in what would be South Korea’s biggest IPO, IFR reported earlier this month, citing people close to the deal…. Read more »
The IPO would be a combination of fresh issue of shares worth Rs.150 crore and an offer for sale (OFS) for 3.22 million equity shares
Auto ancillary maker Precision Camshafts Ltd.’s initial public offering raised Rs 123 crore ($18 million) from anchor investors on the first day it opened for subscription. The Solapur, Maharashtra-based company is hoping to raise Rs 410 crore ($60 million) from the IPO, which closes January 29. That will happen if… Read more »
Malaysia’s Cagamas Berhad announced on Thursday its first issuance of the year, comprising 1.52 billion ringgit ($357.4 million) in conventional and Islamic bonds, or sukuk. Proceeds from the issue, which was increased from an initial 600 million ringgit, will fund the purchases of mortgage loans and Islamic house financing, the… Read more »