Dacom digging out of debt
(South Korea) – Dacom Corp, the country’s second biggest fixed line telco carrier, has raised 208 billion won (US$171.8 million) through rights issues as a means of reducing […]
(South Korea) – Dacom Corp, the country’s second biggest fixed line telco carrier, has raised 208 billion won (US$171.8 million) through rights issues as a means of reducing […]
(South Korea) – Key Kookmin Bank shareholder, Goldman Sachs, is selling half its 6.82 percent shareholding in South Korea’s biggest lender.Goldman is converting its 11 million shares in […]
(South Korea) – Woori Financial, the South Korean government-owned bank group, is looking to raise up to US$1 billion in US equity markets next year and is chasing […]
(China) – The Bank of China (BOC) is reportedly now definitely proceeding with its US$4-6 billion listing of its Hong Kong operations in September.The much delayed US listing, […]
(Singapore) – Singapore’s Monetary Authority (MAS) is introducing new measures on initial public offerings (IPOs) July 1 mainly focussed on enhanced disclosure for investors.The move is also seen […]
(Australia) – Australia’s 5th ranked domestic bank, St George Bank, has pointed to its future-focussed internet investments as a key reason for a fall in its half year […]
(China) – Chinese firms are expected by many market analysts to dominate Asia’s equity markets in the second half of 2002 with some US$6 billion of new shares […]
(Vietnam) – Vietnam’s East Asia Joint-stock Commercial Bank (EAB) is raising equity by a third through a share placement to VND160 billion (US$10.7 million).A total of VND30 billion […]
(Vietnam) – Vietnam’s Central Bank is encouraging the country’s state commercial banks to deal with about VND7 trillion (US$467 million) of non-performing loans (NPLs) this year.The commercial banks […]
(Hong Kong) – HSBC’s Hongkong and Shanghai Banking Corp has seen new mortgage applications climb 28 percent in the first four months of 2002 pointing to improved sentiment […]