IPOs & Markets
Non-institutional investors bid for 2.3 times the shares reserved for them.
1
LG Electronics India's IPO fully subscribed within hours of launch
2
Cornerstone investors to buy over half of Maynilad Water's $438m IPO: report
3
Funding Societies trims losses in 2024 on strong topline growth
4
Danantara to inject $1.85b into flag carrier Garuda Indonesia
5
Malaysia's MMC Ports defers IPO to include FY2025 results
More Stories
Indonesia listed dairy firm in early talks with Dutch co for stake sale
Why there are few takers for digital banking licences in Philippines
Temasek-linked Fullerton launches first retail fund under MAS’ $3.8b scheme
Swedfund invests $15m in Excelsior Capital Vietnam Fund II
Global investor Brookfield eyes pipeline of renewables in Asia
The cornerstone investors include abrdn Malaysia, ADB, IFC and Maybank.
Earnings and Results
Net loss narrowed to $39.3 million in 2024 from $48.5 million in the previous year.
Deals
It will inject $1.44b in cash, while $405m will be in the form of loans converted into equity.
The listing could raise more than $1.5 billion.
India
Dorf Ketal is looking to acquire Italmatch Chemicals SpA from Bain Capital.
Vietnam
Authorities are reviewing public complaints about financial losses tied to AntEx.
Singapore
Vycarb has sold carbon credits to Stripe and Milkywire.
Also read about the fundraising pipeline of global PE funds with partial exposure to SE Asia.
Philippines
The bonds are unsecured and target institutional and retail investors.
