Tiger Airways Holdings, the budget carrier part-owned by Singapore Airlines, has filed an initial public offering prospectus, according to a statement on the Monetary Authority of Singapore’s Web site.
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Posts Tagged ‘ipo’
SIA-backed Tiger Air said to plan $200m IPO: Update
December 16th, 2009 |
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Tiger Airways Holdings, the budget carrier part-owned by Singapore Airlines, may raise about $200 million in an initial public offering, according to a pre-marketing document.
Tiger may lodge offer filings with the Singapore stock exchange as early as Dec. 21, according to two people familiar with the situation. Citigroup Inc., Morgan Stanley and DBS Group Holdings have been mandated to manage the sale, they said, asking not to be identified as the information isn’t public.
SIA-backed Tiger Air said to plan $200m IPO
December 16th, 2009 |
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Tiger Airways Holdings, the budget carrier part-owned by Singapore Airlines, may raise about $200 million in an initial public offering, according to a pre-marketing document.
The carrier may lodge offer filings with the Singapore stock exchange as early as Dec 21, according to two people familiar with the situation. Citigroup Inc., Morgan Stanley and DBS Group Holdings have been mandated to manage the sale, the people said.
Tiger Airways begins marketing of $500m IPO, says Aussie report
December 16th, 2009 |
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Tiger Airways Pte, the budget carrier partly owned by Singapore Airlines, has begun pre-marketing an initial share sale to institutions and may seek up to $500 million, the Australian Financial Review reported in its Street Talk column.
Documents for a share sale prospectus are expected to be lodged in Singapore yesterday, the newspaper reported, without saying where it got the information.
Tiger may only raise between $200 million and $250 million because of a limited response to the pre-marketing, the report said.
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JSW Energy IPO
December 7th, 2009 |
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Mumbai: At the offer price of Rs.110-115, with a retail discount of Rs.5, JSW Energy is out with its initial public offering (IPO), with an issue of 23.8 – 27.4 crore equity shares.
The issue represents around 15-17% of post IPO equity capital. The company would command a market cap of Rs 16,400- Rs 18,900 crore [...]
Singapore’s Tiger Airways taps banks for IPO
December 4th, 2009 |
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Singapore budget carrier Tiger Airways, 49% owned by Singapore Airlines (SIAL.SI), has tapped three banks for an initial public offering expected in January, sources said yesterday.
The IPO is earmarked to raise several hundred million dollars to help finance the purchase of 50 Airbus A320s that Tiger has ordered, two sources familiar with the deal said. The amount is, however, below the US$500 million ($690 million) figure cited in media reports.
A Chinese wind-power IPO : Puffed up
December 3rd, 2009 |
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Investors are breathless over China’s biggest developer of wind farms
CHINA’S biggest producer of wind power, China Longyuan Power, is in essence a staid regulated utility. It buys turbines, erects them and sells the electricity they generate to China’s power distributors at prices fixed by the state. So why is its initial public offering next week on the Hong Kong Stock Exchange generating such excitement?
The offering is likely to value the firm, the former research arm of the ministry of energy, at nearly 30 times next year’s projected profits. Despite this heady figure, the tranche of shares being marketed to institutional investors is over eight times oversubscribed; the one for individuals, almost 30 times. The firm plans to sell 30% of its shares, but could, if it wanted, offload far more. The only check on price is not demand but rather caution among the bankers handling the sale, because a series of recent offerings in Hong Kong have dropped after listing. …
Singapore’s Tiger Airways taps banks for IPO
December 3rd, 2009 |
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Singapore budget carrier Tiger Airways, 49-percent owned by Singapore Airlines (SIAL.SI) and other investors including Temasek (TEM.UL), has tapped three banks for an initial public offering expected in January, sources said on Thursday.
The IPO will finance the 50 Airbus A320s that Tiger has ordered, two sources familiar with the deal said.
Tile supplier Hafary launches IPO of 32.5m shares at 20 cents each to raise $4.8m
November 26th, 2009 |
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Hafary Holdings, a local supplier of tiles with almost 30 years of history, has launched its initial public offering of 32.5 million new shares at 20 cents each, in line with its proposed listing on the Catalist today.
The IPO of 32.5 million new shares represents 20% of Hafary’s enlarged share capital of 162.5 million shares. At 20 cents per share, the placement is priced at a historical price earnings ratio of 7.4 times, based on the group’s net earnings per share of 2.7 cents for FY2009 (year ended 30 June 2009) and pre-placement share capital of 130 million shares.
CapitaMalls up 6% in Singapore’s biggest IPO in 16 years: Update
November 25th, 2009 |
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Shares of CapitaMalls Asia (CMAL.SI) opened 8.5% higher on Wednesday before trimming gains, as investors bought into Singapore’s biggest public offering for 16 years to gain exposure to China’s fast-growing consumer market.
At 0130 GMT, CapitaMalls was traded at $2.25, or 6.1% higher than its initial public offering price of $2.12 a share, after slipping from opening at $2.30. Analysts had expected it to gain about 10% from its IPO price.
“We have always endeavoured to price our transaction to leave something behind for our stakeholders,” said CapitaLand CEO Liew Mun Leong at a ceremony to mark the debut of the Singapore developer’s shopping mall unit.
CapitaMalls Asia says IPO raises $2.8b
November 24th, 2009 |
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CapitaLand says its IPO of CapitaMalls Asia at $2.12 each share saw strong demand by both institutional and retail investors.
The public offer (excluding the reserved shares) of 95 million offering shares was 4.9 times subscribed. It attracted application monies amounting to $988.5 million from 44,507 valid applications at the close of the public offer at 12 noon yesterday.
Chip Shot: Intel Capital Portfolio Company Enjoyor Completes IPO
October 30th, 2009 |
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Intel Capital congratulates Enjoyor Technology Group for its successful initial public offering (IPO) today on China’s Growth Enterprise Market (GEM). The launch of China’s GEM is a significant milestone for the Chinese capital market and Enjoyor’s listing is another example of Intel Capital’s support of local technology innovation and entrepreneurship. Intel Capital invested in Enjoyor Technology Group earlier this year with the goal of expanding Enjoyor’s research and development in traffic intelligence and its digital healthcare business. Enjoyor is the first Zhejiang enterprise to complete an IPO on the GEM, which provides a platform to finance companies in industries such as information technology, bio-medical and new energy. For more information on the IPO view the press release.
China-based Passion Holdings plans to raise $31.6m in IPO
August 21st, 2009 |
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China-based handicraft and furnishing manufacturer Passion Holdings plans to raise $31.6 million in an initial public offering (IPO), reported Channelnewsasia.com.
It is offering 90 million new shares and 36.5 million vendor shares at 25 cents each for a proposed listing on the mainboard. Two million shares will be available to the public while the remaining 124.5 million shares are allocated for placement. The IPO is priced at an estimated price earnings ratio of 3.1 times based on its latest financial results.
Mary Chia spa and slimming centre launches IPO, offers 24.6m shares at 23 cents each
August 3rd, 2009 |
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Mary Chia Holdings, the provider of beauty, facial, slimming, spa and massage services for women and men, says it is seeking a listing on Catalist and has lodged its IPO document with the SGX.
Mary Chia will issue 24,565,000 new shares at 23 cents each by way of placement to raise $3.9 million in net proceeds. PrimePartners Corporate Finance has been appointed the manager and sponsor of the IPO and DMG & Partners Securities is the placement agent of the IPO.
JSW likely to come up with an IPO
August 2nd, 2009 |
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Mumbai (PTI): Sajjan Jindal-owned JSW Energy may go for an Initial Power Offer to raise funds for its ambitious plans to step up power generation capacity to 12,000 MW from the present 800 MW.
“We may look at the IPO if the market stabilises,” JSW Group Chief Financial Officer MVS Seshagiri Rao told PTI.
However, a company [...]
Westcomb Financial posts 1H loss of $1.34m
July 28th, 2009 |
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Mainboard-listed Westcomb Financial Group has reported a loss of $1.34 million for the half year ended June 30 compared to a net profit of $522,000 in the same six-month period a year earlier. Revenue for the financial services firm fell 86.4% to about $632,000 for the first half from $4.6 million last year as Westcomb failed to clinch a single IPO deal for the past six months compared to three it launched in the first half of 2008.
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