IPO
Australia’s Guzman y Gomez profit beats forecast in first earnings since IPO
AUSTRALIA’S Guzman y Gomez reported a surge in full-year profit, outperforming its prospectus forecast after the Mexican-themed fast-food chain’s bumper June debut.The Sydney-based company reported pro forma net profit...
LG Electronics weighs India IPO to help chase US$75 billion goal
LG ELECTRONICS is considering an initial public offering (IPO) for its India business, tapping a booming stock market to help hit a target of US$75 billion in electronics revenue...
India markets regulator pull up Paytm founder, director on IPO breaches, Moneycontrol reports
INDIA’S markets regulator has issued show-cause notices to Paytm founder Vijay Shekhar Sharma and other board members who held roles during the firm’s November 2021 IPO over alleged misrepresentation...
Saudi perfume maker’s US$188 million IPO sells out in hours
SAUDI Arabia-based perfume maker Al Majed for Oud received more orders for its initial public offering than shares available in just a few hours after books opened on the...
Didi turns profitable as ride-hailing arm grows ahead of IPO
DIDI Global swung to a profit in the June quarter, a welcome boost for the company as it prepares for a potential re-listing in Hong Kong.Its over-the-counter shares rose...
China’s WeRide delays US IPO just as deadline nears
WERIDE has postponed its plan for a US initial public offering (IPO), according to sources with knowledge of the matter, days before Chinese regulatory approval lapses. The company is...
SoftBank is picking stock winners in India’s red-hot IPO market
India’s hot market for share sales is delivering wins for Japanese technology investor SoftBank Group Corp, whose own stock has taken a hit from disappointing earnings and a reality...
Malaysia’s mini-mart chain 99 Speed Mart launches biggest IPO in 7 years
[KUALA LUMPUR] Convenience store chain operator 99 Speed Mart Retail launched Malaysia’s biggest initial public offering (IPO) in seven years, which is expected to raise up to RM2.36 billion...