Erajaya, the country's leading mobile phone retailer, is offering up to 40% of its share capital. Meanwhile, Xinyi Glass cancels the spin-off of its solar glass unit and, in Thailand, Big C postpones its rights issue EGM due to floods.
The Chinese store operator attracts more than 500 institutional investors, while retail demand is strong enough to trigger a clawback. Meanwhile, in Malaysia, Bumi Armada raises $888 million from another popular IPO.
The Italian fashion designer hits the market two days after Samsonite, suggesting investors focusing on the consumer retail sector will be busy in the weeks ahead. The two brand icons could raise as much as $4 billion.