media

The new investment platform will focus on opportunities in the media and consumer tech sectors in Southeast Asia.

The US family that established the eponymously named Forbes magazine has launched a lawsuit against Integrated Whale for non-payment of a loan.

The Macquarie-sponsored business trust prices at a 2014 yield of 8.5% and allocates the great majority of the deal to cornerstones, anchors and long-only accounts in anticipation of a scale-back in favour of MIIF shareholders.

The business trust with a focus on media assets seeks to raise up to $1.1 billion, with a price range indicating a 2014 yield of more than 8%.

Yield-hungry investors will get new asset classes to focus on when Asian Pay Television Trust, Investec Aviation Trust and Japan shopping mall-focused Croesus Retail Trust hit the market in the next week or so.

The block trade attracts good interest and is upsized by more than 30% to $93 million.

The cable-TV operator will be the largest new listing in Korea so far this year after fixing the price at W16,000 per share.

The cable-TV operator is the first Korean company to target international investors with an IPO this year.

The Ananda Krishnan-backed pay-TV operator attracts 16 cornerstones and $10 billion of demand from other institutional investors.