top up placement

The property developer defied rocky market conditions to complete the Philippines' first placement in 2015.

The owner and operator of Solaire Resort & Casino sold shares at the bottom of the initial range.

The conglomerate’s re-IPO attracts strong demand from global investors, allowing the price to be fixed at the top of the range.

The Hong Kong sourcing company pulls off Asia's second largest follow-on this year. Meanwhile, an existing shareholder sells $58 million of shares in Indonesia's Media Nusantara Citra through a clean-up trade.

Part of the share sale is linked to the unwinding of a total return swap that Country Garden entered into in connection with a CB issued four years ago.

Taking advantage of the strong gold price and continued progress at its greenfield Indonesian mining project, the company sells a 20% stake through a top-up placement.

The deal comes after Cheung Kong Infrastructure made a $3.8 billion bid for Northumbrian Water in the UK last week — a move that has pushed CKI's share price 6.8% higher in the past four days.

The Chinese property developer mandated HSBC and Morgan Stanley to test the market on a best effort basis, but the discount on offer proved far too tight and the company eventually chose not to go ahead with the deal.

Youku.com and a group of its pre-IPO investors raise $539 million in the US, while Maoye secures $131 million through a top-up placement after the Hong Kong market closes on Friday.