GC
-
Evergrande slashes $1bn top-up for cautious buyers
China Evergrande Group this week tapped the equity capital markets for HK$4.3bn ($554.9m), making its first primary share sale in five years. But the fundraising did not go as planned, with the embattled property developer nearly halving its initial target after investors called for a smaller deal. Jonathan Breen reports.
15 Oct 2020 -
China Evergrande cuts top-up to $555m, stock dives
China Evergrande Group’s stock price plummeted on Wednesday after the issuer slashed an overnight share sale to nearly half its initial target, raising HK$4.3bn ($554.9m).
14 Oct 2020 -
China Evergrande launches $1bn top-up
China Evergrande Group, a property developer, hit investors with a jumbo top-up placement on Tuesday, eyeing proceeds of up to HK$8.4bn ($1.1bn), according to a term sheet seen by GlobalCapital Asia.
13 Oct 2020 -
Doosan Fuel Cell shares dive on smaller $171m block
The share price of Doosan Fuel Cell Co, a subsidiary of South Korean conglomerate Doosan Group, nosedived on Tuesday after affiliates of the parent raised a smaller-than-expected W198.6bn ($171.1m) from a block trade.
06 Oct 2020 -
Doosan Fuel shareholder targets $353m from block
One of Doosan Fuel Cell Co’s major shareholders is offloading its stake in the South Korean eco-friendly cell maker for up to $353m-equivalent.
05 Oct 2020 -
Blackstone offloads Rp19bn Essel Propack block
US private equity giant Blackstone has sold a chunk of shares in Essel Propack, a tube-packaging and manufacturing company, for Rp18.6bn ($253.7m).
21 Sep 2020 -
Ganfeng Lithium pockets HK$1.5bn in fresh equity
Ganfeng Lithium, the world’s largest producer of lithium metals, has raised HK$1.46bn ($187.8m) from the sale of primary shares.
16 Sep 2020 -
Evergrande New Energy brings in big names with $516m top-up
China Evergrande New Energy Vehicle Group raised HK$4bn ($516.1m) on Monday from a top-up placement that won the backing of heavyweight names in the technology industry.
15 Sep 2020 -
Xinyi Solar, Venus Medtech succeed in HK sales
Solar glass manufacturer Xinyi Solar Holdings raised HK$2.7bn ($343.5m) on Wednesday, after boosting the size of a primary share sale.
03 Sep 2020 -
WuXi Biologics block fetches HK$6.1bn
WuXi Biologics Holdings has raised HK$6.1bn ($787.5m) after selling a block of shares in WuXi Biologics (Cayman), the fourth time it has trimmed its position in the company this year.
02 Sep 2020
