ipo

Will LIC be the Saudi Aramco of India?

As India’s government is under pressure to shore up its ailing balance sheet, it has identified a handful of state assets to sell. The Life Insurance Corporation of India offers the most lucrative opportunity, but how international investors respond when they look under the hood is key.
February 18, 2020

The Philippine REIT experiment will start with Ayala Land, but challenges lay ahead

After years of regulatory horse trading with the market, one of the Philippines' highest profile companies is set to list the country’s first ever REIT. In what is seen as a huge shift in sentiment to the asset class, the country’s high-grade real estate market is, however, under strain from global economic shifts.
February 12, 2020

ThaiBev’s beer IPO could prove to be Asean bellwether

The spin-off of ThaiBev’s regional beer assets has three characteristics likely to draw investors’ attention. A successful listing will support the tone for future Thai deals, but, more importantly, set it for Asean ones too.
January 22, 2020

Pakistan's pipeline: Bankers expect up to six IPOs in 2020

After a lacklustre few years thanks in part to over-regulation, Pakistan is cleaning up its image for issuers and investors and betting on simplified IPO rules to catalyse the market. Three IPOs are waiting for approval and more are in the wings, bankers claim.
January 13, 2020

Temasek-backed Transcenta mulls HK-China dual IPO listing

After announcing a $100 million Series B+ funding, the biotech company’s CEO tells FinanceAsia it is now in full IPO preparation mode with Hong Kong as its preferred destination. However, a dual listing is not out of the question.
January 12, 2020

Are you being forced to list in 2020? Blame Alibaba.

Alibaba’s successful HK listing, combined with mounting pressure from PE investors, is forcing Chinese companies to consider listing in 2020 despite the woeful stock market performance of many who floated in 2019.
January 06, 2020