Awards
Country Awards 2009: Local and foreign firms, day 2
We are pleased to announce the winners of our Country Awards for Achievement. Today, the best domestic and foreign firms in Bangladesh, India, Indonesia, South Korea, Sri Lanka and Taiwan.
By The Editors



Equity News
Wistron raises $223.5 million from relaunched GDR
The Taiwanese maker of laptops and LCD panels comes at a tight discount, but is able to get a better price than it would have last week following a 7% bounce in the share price yesterday.
By Anette Jönsson

Equity News
SMFG prices largest-ever Japan bank equity offering
The Japanese megabank raises $8.2 billion and boosts its capital ratios following the Nikko Cordial Securities acquisition and losses in the past financial year.
By Dan Slater



IPO Report
Bawang launches $215 million IPO
The shampoo company launches its deal alongside sportswear manufacturer 361 Degrees.
By Daniel Inman

In Debt
Gajah Tunggal proposes $420 million bond exchange
The distressed Indonesian tire manufacturer is the latest Asian company to seek a solution to its liquidity problems.
By Rupert Walker



M&A Briefing
Holcim cements position in Australia and China
The global cement company spends $1.61 billion to buy Cemex Australia and another $234 million on shares of Huaxin China, financing the deals through a $1.8 billion rights issue.
By Sameera Anand

IPO Report
Successful IPO prompts renewed interest in US listings
As more Chinese companies move to list in the US, we talk to BoA-Merrill Lynch’s Jason Cox about the current trends and what the most recent listings suggest about near-term IPOs.
By Anette Jönsson

People Moves
Ambit hires ABN veteran for India wealth management
Financial services group Ambit appoints Sutapa Banerjee to spearhead its foray into private banking in India.
By Sameera Anand