Latest follow-on/rights issue news

  • Piramal markets CBs, GIC Re in the clear

    India’s Piramal Enterprises is in the market with an unusual sale of mandatory convertible bonds through a qualified institutional placement, part of a fundraising drive to that could fetch up to Rp70bn ($1.1bn).

    • 13 Oct 2017
  • DoubleDragon Properties builds steam for re-IPO

    Philippines-listed DoubleDragon Properties Corp is gearing up to launch a re-IPO worth Ps7.5bn ($145.6m), aiming the deal firmly at international investors.

    • 11 Oct 2017
  • China Power turns on HK$2bn rights issue

    China Power Development International is planning a rights issue to raise at least HK$2bn ($256.3m), helping the company fund acquisitions of various clean energy project companies.

    • 10 Oct 2017
  • Mapletree Logistics prices rights issue to S$287m

    Mapletree Logistics Trust has raised S$286.5m ($209.98m) through a preferential offering of shares, part of a dual-pronged equity fund raising plan, according to a Singapore Exchange filing.

    • 09 Oct 2017
  • Carnival pulls off undersubscribed $220m rights issue

    Despite a low turnout by shareholders, Carnival Group International Holdings has raised HK$1.7bn ($219.9m) from a rights issue of more than four billion shares.

    • 29 Sep 2017
  • Edelweiss seeks $306m in equity or debt raise

    Edelweiss Financial Services' board has approved a fundraising of up to Rp20bn ($306m), as India's mid-sized banks and brokers look to ride a buoyant equity market.

    • 27 Sep 2017
  • The end (of rights issues) is near

    In the latest Clawback, columnist Philippe Espinasse puts the Hong Kong Stock Exchange’s (HKEX) recent consultation paper on capital raisings by listed issuers under the microscope.

    • 26 Sep 2017
  • NetDragon Websoft wins $125m through top-up

    Game developer NetDragon Websoft Holdings has tapped the Hong Kong market for a HK$997.9m ($125.2m) top-up placement, its first public equity raise since listing a decade ago.

    • 25 Sep 2017
  • HK puts stop to heavily discounted equity raises

    The Hong Kong Stock Exchange (HKEX) plans to bar issuers from carrying out heavily dilutive equity raisings, as it seeks feedback on a raft of proposals aimed at tightening governance of listed companies.

    • 22 Sep 2017
  • Cromwell Reit pulls €739m Singapore IPO

    Cromwell European Real Estate Investment Trust has cancelled its potential €738.8m listing on the Singapore Exchange due to market conditions, after first trying to get past the finish line with a smaller offering.

    • 22 Sep 2017

Follow-on/rights issue news archive

Panda Bonds Top Arrangers

Rank Arranger Share % by Volume
1 Bank of China (BOC) 28.15
2 CITIC Securities 21.52
3 China CITIC Bank Corp 9.93
4 China Merchants Bank Co 9.38
5 Industrial and Commercial Bank of China (ICBC) 7.73

Bookrunners of Asia-Pac (ex-Japan) ECM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 CITIC Securities 10,183.83 64 5.56%
2 Goldman Sachs 8,976.54 43 4.90%
3 China International Capital Corp Ltd 8,901.21 43 4.86%
4 UBS 8,890.80 66 4.85%
5 Citi 7,644.83 55 4.17%

Bookrunners of Asia Pacific (ex-Japan) G3 DCM

Rank Lead Manager Amount $m No of issues Share %
  • Last updated
  • Today
1 HSBC 27,924.87 185 8.23%
2 Citi 25,014.91 153 7.37%
3 JPMorgan 20,970.12 120 6.18%
4 Bank of America Merrill Lynch 17,836.24 92 5.26%
5 Deutsche Bank 14,203.43 78 4.19%

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