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China’s Zeekr prices US IPO at top of range to raise US$441 million
CHINESE electric vehicle maker Zeekr Intelligent Technology priced its US initial public offering (IPO) at the top of its indicated range, raising US$441 million, it said on Friday (May...
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
DISGRUNTLED shareholders of beauty product distributor Best World International : CGN 0% raised questions over the lack of dividend payouts and the compensation of directors at the company’s first...
South Korea’s LG Electronics plans to raise up to US$1 billion with dollar bonds: sources
SOUTH Korea’s LG Electronics is aiming to raise up to US$1 billion in a US dollar bond deal, according to three sources with direct knowledge of the matter.The company...
Cordlife to raise S$8.2 million from private placement
CORDLIFE Group is proposing to raise S$8.2 million by issuing a total of 51.2 million new ordinary shares at S$0.16 apiece.On Wednesday (Apr 17), the cord-blood bank said it...
Ghana follows Ivory Coast to raise cocoa farmgate price
GHANA followed Ivory Coast to raise the price it pays farmers for their produce after cocoa futures soared.The world’s second-biggest producer of the chocolate ingredient increased the farmgate price...
China’s Zeekr renews plans to raise up to US$500 million in US IPO, sources say
ZEEKR, the premium electric vehicle (EV) brand of Chinese automaker Geely, has restarted stalled plans to raise up to US$500 million in a New York initial public offering (IPO),...
Ivory Coast to raise cocoa farmgate price by 50%
IVORY Coast’s President Alassane Ouattara will increase the official cocoa farmgate price to 1,500 CFA francs (S$3.33) per kg from Tuesday (Apr 2) from the current 1,000 CFA, sources...
Luxury EV maker Lucid to raise US$1 billion from Saudi’s PIF affiliate
LUCID is raising US$1 billion in capital from an affiliate of Saudi Arabia’s Public Investment Fund (PIF), it said on Monday (Mar 25), sending the shares of the luxury...
