Mobile World Investment's (HOSE:MWG) unit Dien May Xanh is looking to raise around $546 million from its IPO through an offering of 79.5 million shares at 80,000 dong apiece, Reuters reported, citing a company filing.
Electronics retail firm Dien May Xanh's offering will take place from May 27 to June 17, with allocation results reportedly expected by June 18 to June 19.
The Philippines Bureau of the Treasury said it will reissue two series of bonds worth a total of up 50 billion pesos, according to a document on the bureau's website Thursday.Of this, 20 billion pesos to 30 billion pesos of four-year bonds carrying a 6.375% coupon rate are being issued and will mature July 27, 2030.10 billion pesos to 20 billion pesos of 10-year bonds will also be issued, with a coupon rate of 5.925% and a maturity date of Feb. 23, 2036.The auction date for the issue is May 26, with a settlement date of May 28.
C.banner International (HKG:1028) granted a little over 249.2 million options to certain grantees on Friday, according to a same-day Hong Kong bourse filing.The options are exercisable into the same number of shares, representing 10% of the clothes retailer's issued shares, at HK$0.99 apiece.Of the total, 24.9 million options each were granted to President Yuan Zhenhua and Chief Financial Officer Zhang Baojun, with the remaining 199.4 million options to 11 other employees.The firm now has no shares available for future grant under the scheme.
The China Securities Regulatory Commission sanctioned three brokers for illegally facilitating overseas securities trading for domestic investors, according to a Friday statement by the watchdog.Tiger Brokers (NZ), Futu Securities International (Hong Kong), and Longbridge Securities (Hong Kong) will have their ill-gotten claims confiscated and face "severe penalties," the regulator said."Such illegal cross-border business operations have disrupted the market order and should be subjected to a heavy crackdown," the securities regulator said.CSRC's move is seen to crack down on illegal outflows and regulate market misconduct, the South China Morning Post reported separately.