Samsung SDS kickstarts IPO of up to $1.1b

Samsung SDS kickstarts IPO of up to $1.1b

Unit of South Korean group begins book building; the latest move to restructure the sprawling conglomerate.
Sinking equity markets have weighed on the performance of newly listed companies, dampened sentiment and led to billions of redemptions.
Qatar Investment Authority buys 19.9% stake in HK department store operator for $618 million as Chow Tai Fook Enterprises partially exits investment.
China’s second-biggest steel producer raises its first dollar-denominated bond, boosting its warchest amid thirst for global expansion.
The Swiss bank has named Helman Sitohang as its regional CEO and Eric Varvel chairman of Asia Pacific and the Middle East.
Photos from the third weekend of Hong Kong's Umbrella Revolution highlight the stark difference between the Admiralty and Mong Kok protests.

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