Country Garden plans $410m rights issue

Country Garden plans $410m rights issue

Property developer run by China's richest woman Yang Huiyan opts for rights issue rather than block to avoid diluting her stake.
Hong Kong is embarking on a global roadshow to market its first shariah-compliant bond, finally securing its place as a global hub for Islamic finance.
Objektif Bersatu, the main shareholder of the Malaysian oilfield services provider, divests stake to subscribe to the rights offering.
A roundup of the latest syndicated loan market news.
After being bruised by its previous Chinese partnership with Sanlu, the New Zealand dairy group seeks a 20% stake in another mainland group.
Hong Kong-based Link Reit sells its first dollar-denominated note with the aim of extending the tenor of its funding program.

POLLS

What has been the most notable impact of Xi Jinping’s clampdown on corruption?




   |   View results
It is positive for business because of more transparent decision-making
  25%
 
It is bad for business because it has frightened corporate leaders, with many decision-makers caught up in the crackdown
  25%
 
It has created a fairer and more equal society
  25%
 
It has solidified Xi's power base
  25%
TOTAL VOTES: 8

 

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