Budget carrier Lion Air to revive IPO plans in 2017 if Indonesian economy recovers

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Weak market conditions forced the the budget airliner to delay plans for a listing scheduled for first quarter of 2016.

China’s first IPO under new rules oversubscribed more than 4,000 times

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Chinese investors are typically keen on IPOs as regulatory restrictions, such as guided pricing mechanisms, ensure new shares almost always jump on their debut.


Malaysia IPO Dealbook: Axcelasia plans regional growth post-IPO, Pecca gets nod for Main Market listing

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Axcelasia Inc shares its plans on how the listing proceeds will be utilised in stages for expanding in Southeast Asia, while Pecca Group announced that it has received the Securities Commission Malaysia’s approval for listing.


Where will Indian bourses list? Sebi says not on their own platform & NSE averse to rival exchange

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A stand-off on the listing of stock exchanges is dragging on. The National Stock Exchange of India Ltd (NSE) has indicated that it is not comfortable listing on a rival exchange, while the regulator has maintained that it will not allow exchanges to list on their own platforms. “The key… Read more »


Billionaire investor George Soros says China hard landing will deepen stocks rout

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China’s slowdown is combining with lower oil prices and competitive currency devaluations to increase the risk of deflation around the world. That will make 2016 a “difficult” year for markets because it’s a scenario investors aren’t used to, Soros said.


India: Premier bourse BSE revisits IPO, starts spadework on listing process

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BSE, the oldest stock exchange in Asia, has set the ball rolling on an initial public offering (IPO) and started discussions with intermediaries to begin work on its listing, two people aware of the development said. The move comes after the Securities and Exchange Board of India (Sebi) issued a… Read more »


Indonesia Dealbook: Pertamina mulls IPO of 3 units; Bank Sinarmas to sell 7.8% via rights issue

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Indonesia state owned energy company PT Pertamina is mulling a plan to sell shares of three subsidiaries, while, PT Bank Sinarmas Tbk (BSIM), a small-sized lender of conglomerate Sinar Mas Group, plans to sell 7.8 percent of its enlarged capital in May to support its loan expansion.


Singapore: Asset managers bullish on consumer themes, REITs, even as they shun energy & commodities

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Singapore is currently the cheapest stock market in Southeast Asia. Shares on the MSCI Singapore Index trade at about the value of its companies’ net assets, compared with a multiple of 1.8 on a measure of global equities.


Secura Group targets S$19.4m in IPO, GS Holdings raises S$4.1m. Yet, S’pore listings slump set to continue in 2016

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The Singapore exchange has been left in the dust by regional rival Hong Kong, which emerged as the world’s largest IPO market in 2015 with 138 listings ahead of New York, Shanghai and London. Companies raised $25 billion from HK listings last year, about 160 times more than what firms did in Singapore.


HKEx launches new intiatives to encourage foreign listings

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Hong Kong Exchanges and Clearing (HKEx) will launch new initiatives including an onshore China commodities platform and a way for foreign companies to list via the Hong Kong-Shanghai Stock Connect program, HKEx Chief Executive Charles Li said on Thursday. The initiatives will be launched between 2016 and 2018, Li said,… Read more »