By Liz Lee
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.
KYS Education Group has yet to determine whether it will list its operating business or park its assets under a real estate investment trust.
The Vietnamese airport company is finalising the selection of an international strategic investor and is expected to publicly list within the next 12 months.
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.
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.
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.
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.
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.
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.
Private equity firm Nalanda Capital has hiked its stake in Mumbai-based local search firm Just Dial to 7.58 percent.