Maxis block

Southeast Asian block trades raise $917 million

The controlling shareholder of Malaysian mobile operator Maxis sells $740 million of stock, while Indonesia's Emtek trims its stake in two free-to-air TV channels to help boost their free-floats.
<div style="text-align: left;"> Kuala Lumpur: at the centre of Southeast Asia's resilient capital markets </div>
<div style="text-align: left;"> Kuala Lumpur: at the centre of Southeast Asia's resilient capital markets </div>
July 27, 2012

It has been a busy few weeks in the equity capital markets as issuers and existing shareholders take advantage of the latest market window to sell stock before companies move into a blackout period before their six-month earnings. Last night saw another three blocks hit the market, raising a combined $917 million.

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