Tag: bnp paribas

ZTE raises $338 million and TCC International pockets $109 million, while the controlling shareholder in Bawang reduces its stake to make another $132 million worth of shares ... Issuing forecasts for economic recovery is an inaccurate science and investors should remain wary. The Hong Kong stock exchange wants more time to go through the listing documentation, sources say, leaving no room for the Russian aluminium giant to go public before year end. Price sensitivity keeps the price down, but the offering still comes at a slight premium to Wynn Macau after the latter falls below its IPO price. The Singapore-listed Chinese developer raises $111 million, while K-Reit Asia pockets $444 million from a rights issue that was oversubscribed despite a tight discount. The spin-off from Las Vegas Sands sets its price range at a slight discount to Wynn Macau's current valuation. Foo takes on responsibility for Asian sovereign wealth funds and central banks at BNP Paribas, but will continue as CEO of Fortis Bank’s Singapore branch until Fortis is fully ... The oil palm plantation company will be the first Indonesian issuer of size to complete an IPO for more than a year and the first in 2009 to have marketed its offering to ... BNP Paribas wealth management brings Thierry Dana from Switzerland to handle Hong Kong and North Asia, and puts Claude Haberer in charge of key clients for Asia. The Hong Kong property developer pulls its $200 million deal claiming to be dissatisfied with the final price. Just one week after the Hopson deal, another Chinese property developer taps the equity market for capital. Warrants with a three-year maturity could increase the total deal size to $480 million. Temasek takes up its 39.7% entitlement, but CapitaLand completes the deal without calling on underwriters. Meanwhile, Shinhan sets the price for its rights issue at a 25% discount. J.P. Morgan joins other banks offering online receivables management solutions in the region. Full-year profits at the French bank reach €3 billion despite big losses in investment banking. The Korean lender says the capital raising is pre-emptive, but denies suffering from liquidity or financial problems. The French bank picks a former Macquarie managing director to head its corporate finance business in Southeast Asia. The securities arm of the French bank attracts UBS's country strategist to lead its research efforts for India. Peace Mark is able to upsize its placement and sell the full number of shares, but only by offering an 11% discount. The Indonesian construction company shelves its global bond after failing to achieve the required volume.