bahana securities

MPM hits the road for Indonesian IPO

The distributor of Honda motorcycles is seeking to raise up to $178 million from an IPO, while Hero Supermarket plans a rights issue.
May 01, 2013

Three Southeast Asian blocks raise $697 million

The vice-chairman offloads 60% of his stake in Singapore-listed Noble Group, Dairy Farm increases the free-float in Indonesian supermarket chain Hero and UBS sells a 4.2% stake in Thailand’s CP Foods as part of the unwinding of a swap transaction.
November 13, 2012

BNI clears 73% of rights issue through placement

Bank Negara Indonesia gets a head start on its $1.2 billion rights issue as the government's entitlement is sold to other investors at a 9.7% premium to the rights issue price.
November 23, 2010