Chin Hin Group to tap Malaysian Main Market to raise $9.58m in IPO

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Chin Hin will utilise the IPO proceeds for business expansion for the next two years – for the purchase of new plant, equipment and machineries as well as expansion of manufacturing facilities.

Malaysia: KYS Education Group aims for $116.6m valuation in IPO

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KYS Education Group has yet to determine whether it will list its operating business or park its assets under a real estate investment trust.


VinaCapital fund among buyers of shares in Vietnam airport operator IPO

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The Vietnamese airport company is finalising the selection of an international strategic investor and is expected to publicly list within the next 12 months.


Hedge funds betting against China eye ‘Soros moment’

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Many players say that whether outflows resume in earnest after the Chinese New Year break in the second week of February should show whether funds are right to expect more dramatic declines. That has prompted comparisons with the victories of George Soros-led funds over European governments in the early 1990s.


China’s state media warns Soros on betting against yuan, HK dollar

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In his comments, Soros said he had been betting against the S&P 500, commodity-producing countries and Asian currencies, while buying U.S. government bonds.


Philippines: ISM Communications targets raising $7.5m via share sale

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Listed Philippine holding firm ISM Communications Corp (ISM) is seeking to raise fresh capital of up to $7.5 million through an upcoming sale of shares next month.


India: Gaja Capital-backed temp staffing firm TeamLease sets IPO price band

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Staffing services firm TeamLease Services Ltd has set its IPO price band at Rs 785-850 each which will hit the market on Feb 2, 2015.


Zero: The number of IPOs in US so far in Jan, slowest month since 2008

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Private equity managers expect IPOs this year to fall “significantly,” according to a survey of 26 firms released this week by Ernst & Young and the Private Equity Growth Capital Council.


Muddy Waters founder Carson Block launches hedge fund blending activism with long-short strategies

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Block made his mark in the $3 trillion hedge fund industry after he challenged accounting practices of a number of Chinese companies that trade on North American stock exchanges, then bet against them using his own money to short their stocks.


India: Nalanda Capital hikes stake in Just Dial to almost 8%

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Private equity firm Nalanda Capital has hiked its stake in Mumbai-based local search firm Just Dial to 7.58 percent.