Two deals break deafening Asian equity silence

TWi Pharma's GDR sale and Hertz's block trade of Car Inc mark the first major ECM transactions in Asia-Pacific since late July.

Two deals break deafening Asian equity silence

Taiwan-listed TWi Pharmaceuticals and American car rental company Hertz reanimated Asia’s equity capital markets on Wednesday through the execution of two separate equity deals on the back of a strong rally in Asian equities.

Wednesday was described as the best window in recent months to pull off an equity transaction, according to a source familiar with the situation.

Most Asian exchanges traded up significantly in the afternoon after a sloppy morning trade....

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 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 ...