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block trade, placement, telecom
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Equities
Shin Corp's free-float is increased and Luk Fook raises $175 million
A Temasek entity reduces its stake in Thailand's Shin Corp for the second time in five months through a $254 million sale, while Luk Fook issues new shares to fund its expansion.
By
Anette Jönsson
| 20 January 2012
Equities
Shareholders in Malaysia's RHB Capital and Axiata cash in
The Employees Provident Fund sells 4.5% in RHB Capital, while Malaysia Telekom offloads just under half of its 2.27% stake, raising a combined $368 million.
By
Anette Jönsson
| 3 December 2010
Equities
PCCW raises more cash, this time by tapping the equity market
The telecom company sells $167 million of new shares barely a week after its $500 million bond offer. Meanwhile, GIC cashes in its remaining stake in Hong Kong-listed Ruinian.
By
Anette Jönsson
| 24 August 2010
Equities
China Communications Services block raises $45 million
A quick deal by an undisclosed investor attracts high levels of demand and shows that, even in the current market, it is possible to price inside the maximum discount.
By
Daniel Inman
| 31 July 2008
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