Cemex Philippines closer to sealing $470m IPO

Cemex Philippines closer to sealing $470m IPO

The subsidiary of the Mexican cement giant has now wrapped up institutional tranche of the IPO just as a new president prepares to take the helm in Manila.
Hyundai Heavy Industries and Hyundai Samho Heavy Industries raised $191 million from a clean-up sale of Hyundai Motor shares.
Chinese corporate investors continue to prop up the Hong Kong IPO market as Orient Securities prices and China Logistics Property launches.
But for now feasibility studies are pressing ahead.
Indonesia’s second-largest public company raised a more-than-expected $250 million on the back of improved market sentiment.
The SFC publicly rebukes the US bank for breaching the takeover code.

POLLS

How might Brexit impact Sino-British relations?





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China promptly agrees bilateral trade deal with Britain
  21%
 
China cools on Britain, focuses on the EU
  14%
 
The pound weakens and China buys more British assets
  33%
 
Britain takes a nationalist turn and spurns China
  10%
 
It's too early to evaluate the immediate effects
  22%

 

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