Joy City in HK$6.36bn rights issue

Joy City in HK$6.36bn rights issue

Three of Joy City’s shareholders have agreed to purchase some 76% of the rights issue at HK$1.35 per share.
Goldman Sachs Southeast Asia M&A head Ruben Bhagobati and Singapore-based managing director Antoine Izard are leaving the bank.
An appetite for offshore renminbi bonds is spreading across the globe, most recently to France and South Korea.
The move will extend the bank’s financial markets research coverage in the Asia Pacific region.
The Indonesian hospital operator is looking to raise up to $369 million from the flotation. If successful, it will be the country's first IPO this year, and the largest ECM ...
Standard Chartered’s CEO Peter Sands and Asia CEO Jaspal Bindra are leaving the UK bank amid a broader management shake-up.

POLLS

What is the most likely outcome following the plunge in oil prices?




   |   View results
Oil majors will pick up assets on the cheap
  32%
 
Consolidation as small and mid-tier energy groups merge
  47%
 
Bankruptcies, with opportunities for investors to buy distressed assets
  13%
 
Plane tickets will get cheaper - more bankers flying business class
  9%
TOTAL VOTES: 47

 

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