airports

The defensive nature of the stock helps attract strong demand from investors, despite recent volatility in global markets.

The controlling shareholder of Indonesian coal company Indika sells $212 million of shares while, in Malaysia, Khazanah raises $128 million by reducing its stake in Malaysia Airports.

The Skytrax survey asked 10 million people their opinions and came up with Singapore. We asked 200-plus and came up with Hong Kong. Take your pick.

Supported by a few anchor investors, the Indian infrastructure company is able to upsize the deal by 26% – reversing a negative trend that has surrounded the stock since it cancelled a QIP in June last year.

UBS Warburg''s innovative floating IPO exchangeable reset security (or FLIERS) attracts big interest from institutions and is now selling to retail investors.