Tag: privatisation

The offer comes after the sale of the mobile businesses in India and Israel, and the separate listing of the Hong Kong and Macau operations, left HTIL with four businesses at ... Two years after being taken private, Maxis will relist the domestic portion of its business, offering investors a high-quality yield play. Richard Li's plan to take PCCW private is approved by a Hong Kong court, but an appeal is still outstanding, raising doubts about whether the proposal can meet its deadline. The Indonesian government sells 30% of Jasa Marga, pricing the IPO towards the top of the range to raise $380 million. The focus now turns to what will happen to the Philippine government's remaining 40% stake in the geothermal power producer. The share placement comes seven months after the IPO and serves as a precursor to an intended total divestment later in the year. The $208 million IPO, which consists partly of previously privatised assets, was priced towards the low end of the range. The financing company owned by the Indian government announces funding plan as the Mumbai benchmark index sets a new record. The oil and gas explorer's share price falls 5% after the placement is priced at a 9.6% discount. In a deal that could raise up to $380 million, the Philippine government launches its first privatisation in 12 years. Existing retail investors get sweet deal with discounted price, bonus shares and high yield. The deal is expected to raise A$8 billion. India’s coalition government abandons stake sale plans after kneejerk reaction to sale of 10% stake in Neyveli Lignite. Pakistan's Supreme Court stops the privatisation of Pakistan Steel Mills raising questions on whether strategic investors will remain interested in the country's privatisation ... International investors are facing a massive scale back in allocations after the one billion share offering for Hong Kong''s MTR Corp closed hugely oversubscribed yesterday ... The Singapore government''s investment arm is close to picking a lead manager for the $2 billion privatisation of PSA Corp - the holding company of Port of Singapore Authority.