The dealings in the H-shares are expected to start on Dec. 18.
Editor's take: The week that was — Dec 4-9
Gain investor insights by registering for Indonesia PE-VC Summit 2024
Greentech has taken a giant leap in uncertain times, says LeapFrog partner Nakul Zaveri
Europe agrees to landmark AI rules in bid to lead global race
Philippine fintech startups and old players jockey for digital banking
Warburg Pincus president appointed chairman of US-ASEAN Business Council
GoTo confirms it is in talks with TikTok over a potential e-commerce partnership
Saudi’s optimism in Hong Kong signals deepening China-Gulf investment ties
Rest of Asia
Rakuten said it planned to use the proceeds of the sale for the early repayment of bonds.
The satellite imagery startup raised $24m in an iPO.
The combined company is expected to trade on the Nasdaq in the first half of 2024.
Bursa Malaysia stock exchange had classified both AirAsia X and Capital A as financially distressed companies.
The price range implies an equity value for the group of between $2.04 billion and $2.22 billion.
The decision was made as global financial markets remain volatile, a third source added.
Shares surged past the initial public offer (IPO) price of Rs 500 to debut at Rs 1,200.
The share repurchase will start from Dec 1.
Alipay will offload its 3.44% stake through block deals on Indian exchanges.