Two funds cash in $359 million by selling Mando shares

The selldown in the Korean auto parts manufacturer comes a day after a block trade in Tiger Airways was doubled in size following strong investor demand.

Existing shareholders continue to take advantage of strong share price gains with two more block trades of size in Asia over the past couple of days and bankers say we could see another few deals in the next two weeks. The timing is probably not coincidental. While each seller has its own objectives, it is likely that they feel at least some pressure to get these deals out before an expected rush of initial public offerings in September.

Mando Corp...

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  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...