India
Novelis said in late February that it had confidentially filed paperwork for a US IPO
Axiata, Sinar Mas seek permission for Indonesia telco merger
Prudential shutters Hong Kong wealth unit Pulse
SpaceX unit Starlink secures Indonesia operating permit
Indonesia's OJK revokes TaniFund's P2P lending licence
India's Hindalco considering seeking $1.2b in IPO of its US unit Novelis
More Stories
CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Malaysia-based PE firm Navis likely to lead funding in CarDekho’s SE Asian entity
Japan’s Reazon Capital eyes 8 SE Asia investments this year
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Indonesian startups Tjufoo, Sinbad announce merger, creation of new holding entity
World
SMASCO plans to offer 120 million shares representing a 30% stake.
Greater China
The deal books are already multiple times oversubscribed.
Nearly 44 of the 183 companies that listed since 2021 are trading below their offer price.
CSRC seeks to improve the quality of listed companies amid a stock market rout.
This is the first major floatation of a China-based company in the US in more than two years.
Games Global is offering nearly 6 million shares in the IPO.
It infers a valuation of $10.35b on Viking, making it the biggest US stock market debut of 2024.
The ETF launch puts Hong Kong in direct competition with the US for crypto investors.
The HK-listed company operates restaurants under the Haidilao brand.