Posts Tagged ‘IPO’

Sinopec wins Cabinet approval for retail unit’s IPO

HONG KONG • Sinopec, China’s top oil refiner, won approval from the country’s Cabinet for a long-awaited initial public offering (IPO) of the retail unit ...

Mydin says no IPO plans

MD says it will not suit Mydin’s business strategy in the current retail environment
By SHAHEERA AZNAM SHAH / Pic By MUHD AMIN NAHARUL Mydin Mohamed ...

Mr DIY said to eye RM2.1b IPO

By BLOOMBERG
Mr DIY, Malaysia’s biggest home improvement retailer, is exploring an initial public offering (IPO) that could raise about US$500 million ...

World’s top IPO venue for 2018 sees worst returns in decade

By BLOOMBERG
HONG KONG • Hong Kong is host to the world’s busiest venue for initial public offerings (IPOs) this year. And the worst losses in a ...

Tencent Music sets RM4.6b IPO at bottom as markets gyrate

By BLOOMBERG
HONG KONG • Tencent Music Entertainment Group and existing investors raised about US$1.1 billion (RM4.61 billion) after pricing a US ...

SoftBank sticks to IPO price despite market drop

TOKYO • SoftBank Group Corp set the final price for the ¥2.65 trillion (RM106 billion) initial public offering (IPO) of its Japanese telecom business at ...

Tencent Music executive accused of defrauding early investor

HONG KONG • A Chinese investor accused the co-president of Tencent Music Entertainment Group, which could fetch as much as US$1.23 billion (RM5.13 billion) ...

‘Nothing safer than cash’ — tech rout puts Silicon Valley on edge

However, the IPO market hasn’t shown any signs of cooling, raising RM67b against 2017’s total of RM54.5b
NEW YORK • Steve Hoffman grabs the mic and, ...

HKEx CEO says IPOs in city ‘just keep coming’

By BLOOMBERG
SINGAPORE • Hong Kong Exchanges & Clearing Ltd (HKEx) is on track for a record year for initial public offerings (IPOs), and it ...

Ping An plans IPO of health tech unit

By BLOOMBERG
HONG KONG • Ping An Insurance Group Co of China Ltd, China’s biggest insurer by market value, is planning a Hong Kong initial public ...

Airtel to delay IPO of RM33.4b Africa business

By BLOOMBERG
MUMBAI • Bharti Airtel Ltd, India’s second-biggest wireless carrier, is delaying a planned initial public offering (IPO) of its Africa ...

Porsche CFO sees potential IPO reaping Ferrari-like multiples

The maker of the 911 model could easily be valued between RM289.2b and RM337b, and a partial IPO would add flexibility
By BLOOMBERG ...