rights issue

Banker and experienced private equity investor join global alternative asset manager as it expands into Indonesia and Vietnam.

The chaebol's shipbuilding unit could be on the brink of bankruptcy if it fails to complete the $1.5 billion rights offering scheduled for April, analysts say.

The bank seeks funding from shareholders to strengthen its balance sheet before tighter capital requirements come into force in 2019.

The mining company is seeking $520 million from existing shareholders before a chunky portion of its debt matures in June next year.

The proceeds will be used to part-fund the acquisition of the 49% stake of CR Snow that it doesn't already own following the merger of beer giants AB InBev and SABMiller.

Korea’s leading engineering company hopes the highly dilutive rights issue will help it to recover its profitability after a failed merger.

US tobacco maker Philip Morris sells 5.7% stake in the Indonesian company, raising $1.4 billion and equating to an annualized return of 37.3%.

Philip Morris is obliged to offload part of its stake in its Indonesian unit before the nation's new free-float requirements come into effect in early 2016.

RHB Capital’s rights issue signals the group’s intention to refocus on its own growth after the failure of its three-way merger with CIMB and Malaysia Building Society.