Amazon goes for a stock split, follows Google, AppleIFM CorrespondentMarch 11, 2022 by IFM CorrespondentMarch 11, 2022 This is the first such move by the tech giant after 1999 when it went for a 1:3 split.... Read more
Singtel sells its payment card industry compliance business for $80 mnIFM CorrespondentOctober 25, 2021 by IFM CorrespondentOctober 25, 2021 According to the telco, the decision to sale is part of the company’s strategic review of its digital businesses... Read more
CTOS Digital launches $290 mn IPO in MalaysiaWebAdminJune 30, 2021 by WebAdminJune 30, 2021 The latest listing would entail a public issue of 200 mn new shares and an offer-for-sale allocation of 900 mn existing shares... Read more
Chinese ride-hailing Didi reports $1.6 bn loss ahead of US IPOWebAdminJune 14, 2021 by WebAdminJune 14, 2021 Didi, accelerated its listing plans as its business rebounded after the Covid-19 pandemic ebbed in China... Read more
Global bond investors will have access to the Saudi bond marketWebAdminJune 8, 2021 by WebAdminJune 8, 2021 The Saudi market is priced at $2.5 tn and global bond investigators can access the market without applying for Qualified Foreign investor status... Read more
JD Logistics valued at $36 bn after Hong Kong debutPritam BordoloiMay 28, 2021 by Pritam BordoloiMay 28, 2021 Its shares soared 14% after its much-anticipated debut on the Hong Kong Stock Exchange... Read more
Regulators in China slaps Alibaba with $2.8 bn finePritam BordoloiApril 12, 2021April 12, 2021 by Pritam BordoloiApril 12, 2021April 12, 2021 It is reportedly the largest anti-monopoly fine ever in China... Read more
Ant Group’s dual listing to be the world’s biggest IPOPritam BordoloiOctober 26, 2020October 26, 2020 by Pritam BordoloiOctober 26, 2020October 26, 2020 Ant plans to raise around $35 bn... Read more
Ant Group begins Hong Kong and Shanghai IPO processPritam BordoloiJuly 21, 2020 by Pritam BordoloiJuly 21, 2020 The company has not disclosed details on the IPO size or timing as of yet... Read more
Chinese delivery platform Dada Nexus plans to raise $500 mn in US IPOPritam BordoloiMay 14, 2020 by Pritam BordoloiMay 14, 2020 Dada Nexus, listed the size of the offering at $100 mn, a placeholder amount likely to change... Read more