Looking to raise billions via an IPO? Well, you could be out of luck for some time, but smaller players with less onerous ambitions and a niche offering - such as WiMi Holdings and Tycoon Group - may buck the depressing trend.
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As more choose to communicate online rather than conduct face-to-face meetings amid the COVID-19 pandemic, InnoCare Pharma’s successful virtual IPO shows that investors can get the message and many of them are very willing to pay.
Cambodia's capital markets are starting to show signs of life as Acleda Bank launches a landmark IPO. The deal could build the momentum the country needs to entice frontier market investors on a more sustainable basis.
The delay to Indonesia’s budget carrier’s listing should have investment bankers very worried: the coronavirus now no longer fits the China-only profile but has infected those merely with exposure to it.
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.
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.
Even as some companies have announced plans to postpone roadshows or meet investors on account of the novel coronavirus outbreak, banks still expect a robust IPO pipeline for Asia in the immediate future.
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.