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Malaysia’s biggest mobile phone operator Maxis Bhd is set to raise $3.3 billion in Southeast Asia’s biggest IPO
Malaysia’s biggest mobile phone operator Maxis Bhd is set to raise $3.3 billion in Southeast Asia’s biggest initial public offering, as companies rush in for multi-billion dollar listings before the year ends.
· Maxis, together with China Minsheng Banking Corp and casino firm Sands China Ltd, will lead more than $10 billion in share sales in [...]
Nakoda Textile to consider stock & bonus split….
Nakoda Textile Industries Ltd. (BSE : 521030), a leading manufacturer of Partially Oriented Yarn (POY) and Fully Drawn Yarn (FDY) with Wind Mills of 6.75 MW has announced its plan for share split by sub dividing each of its present equity share of Rs. 10/- into two equity shares of Rs. 5/- each.
The Board [...]
JSW Energy receives nod for IPO from SEBI…
Power firm JSW Energy Ltd has received an approval for its initial public offer from Indian markets regulator Securities and Exchange Board of India (SEBI).
Earlier on Tuesday a television channel said that the company received a node for its public offer.
The company, part of the group that runs JSW Steel, has approval to rise [...]
Graham Packaging To Raise $350M Via IPO…
Blackstone-controlled plastic container maker Graham Packaging Co, that acquired a minority stake in Indian container manufacturing firm PPI Blow Pack, is looking to raise up to $350 million (Rs 1,627 crore) through an initial public offering in the US.
· Graham Capital–a wholly owned subsidiary of US-based Graham Packaging Holdings in which buyout major Blackstone hold [...]
United Bank of India (UBI) has got approval for IPO from RBI…
United Bank of India (UBI) has got the approval from Reserve Bank of India (RBI) to launch initial public offering (IPO), which will reduce the government stake in the bank by 16 percent.
The bank would file the offer document for the same by November-end and the issue is likely to hit the market by [...]
Godrej Properties with IPO in next two months…
If market sentiment is favourable, Godrej Properties be able to complete the IPO in the next two months. They recently re-filed the prospectus with SEBI. They will issue 13.5 per cent equity and the entire proceeds from the IPO will be invested in real estate projects.
Record date for Allied Digital Services stock split announced
Allied Digital Services has fixed 12 November 2009 as the record date for the purpose sub-division / stock split of Rs 10 per share of the company into the shares of Rs 5 each.
Kanani Industries’ board approves stock split
The board of Kanani Industries has decided to sub divide the shares of the company from Rs. 10 per share to Rs. 5 per share.
This was decided at the board meeting held on 03 November 2009
Entertainment World to raise Rs 400-500 cr through IPO
Entertainment World Developers (EWD), in which Phoenix Mills holds 40%, is planing to raise Rs 400-500 crore via IPO (initial public offering). EWD focusses on retail, residential projects in tier 2 market.
ICICI Ventures and Manish Kalani are shareholders in EWD. Kotak Mahindra, ICICI Securities and Edelweiss are bankers to the issue.
Entertainment World Developers is a [...]
The Loot India, plans to raise Rs 100-crore through an IPO
Leading retail chain, The Loot India, plans to raise Rs 100-crore through an IPO, likely to be launched in the next calendar year (approximate next 15-months).
The proceeds will be used for consolidating its retail business as well as for setting up a training campus (The campus would also have a small manufacturing unit), spread across [...]
