Placements show investors still happy to put money to work

Three separate placements last week in Fubon Financial, Protelindo and L'Occitane suggest investors are still open to a good opportunity.

While we here at FinanceAsia have spent the past couple of weeks debating the merits of deals completed in the past 11 months to single out our awards winners for this year, the markets are seemingly not ready to sum up the year just yet.

While it is unlikely that any new IPOs will launch in the final two weeks of the year, overnight placements keep coming. As a number of recent deals show, investors have money left to invest and companies and existing shareholders are taking advantage by issuing new shares or selling down their stakes to secure a bit of profit.

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