IPOs & Markets
It is set to price 54.5 million shares at HK$980 ($124.96) apiece.
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Optical parts maker Innolight said to price Hong Kong IPO below maximum
2
Pertamina Geothermal secures $75m from Mizuho Bank Indonesia
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Indonesia central bank governor Perry Warjiyo steps down
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CXMT surges in Shanghai debut, vaults to top of China's valuation table
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EQT lifts Perpetual bid to $1.78bn in third approach this month
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Deals
The trade facility will broaden the company’s funding access.
People
Warjiyo was appointed as governor in 2018 and reappointed in 2023.
The rally lifted CXMT’s market cap to $539.2b from $85.5b.
Private Equity
EQT’s latest proposal values Perpetual at A$22.50 a share.
Singapore
The deal is in the range of “tens of millions of US dollars,” DealStreetAsia has learnt.
Greater China
It puts the Chinese chipmaker’s $85.5b market value in focus.
Revenue from selling goods overtook classifieds for the first time.
Rest of Asia
SWFs are shaping investment outcomes by building their own capabilities as GPs.
India
Startups are drawing big-ticket funding as India’s space ecosystem goes beyond ISRO.
