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Tag: share

Retail Asia05/05/2021
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General

Share issuance value surges as businesses expand

2min0
The share issuance value of listed companies as of mid-April this year was more than 1.6 times that of 2020 as businesses seek to expand operations. As of April 13, 54 listed companies have announced plans to issue more shares this year to raise nearly VND44.7 trillion ($1.94 billion), according to financial data provider FiinGroup. […]
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Retail Asia05/01/2021
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Automotive

Tesla Shares Set To Start 2021 At Record High

1min0
Tesla Inc shares were set to open at a record high on Monday after the electric-car maker reported better-than-expected vehicle deliveries in 2020, extending a meteoric rally that has seen the stock surge more than 700%. It delivered 499,550 vehicles last year, above Wall Street estimates of 481,261 vehicles, according to Refinitiv data, but 450 […]
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Retail Asia14/05/2019
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Telecom

Alibaba Cloud Ranked First in Asia Pacific by Gartner

2min0
Alibaba Cloud, the cloud computing and data intelligence arm of Alibaba Group, has been named first in Asia Pacific(*) market share for IaaS (Infrastructure as a Service) and IUS (Infrastructure Utility Services) in two consecutive years as per Gartner’s latest report revealed earlier this month named Market Share: IT Services, 2018. It has also retained […]
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Retail Asia13/02/2019
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Automotive

Vietnamese car maker plans private share issue

3min0
Truong Hai Auto Corporation (THACO) is planning to issue more than 30.3 million shares to a strategic shareholder. The company is currently collecting shareholders’ opinions on a draft resolution to authorize a private placement worth an estimated total of VND3.89 trillion ($167.19 million) to Jardine Cycle & Carriage, a Singaporean diversified conglomerate that specializes in […]
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Retail Asia08/02/2019
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Electronics

Time for China’s smartphone brands to bloom

4min0
Like many urban Chinese consumers, Shenzhen civil servant Gao Jian has had a long-held belief that the quality of domestic smartphone brands paled in comparison with foreign brands, especially Apple. But in December, Gao joined the growing number of mainland consumers who have made the switch from Apple’s iPhone to a premium Android smartphone from […]
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Retail Asia11/01/2019
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Finance

Confidence Returns to Indonesia’s Financial Markets

5min0
After a steep correction last year and pressure on the rupiah, Indonesia expects stability to return to its financial markets this year as foreign capital starts flowing back into the domestic market. The first bond offerings of the year last week were more than three times oversubscribed, with interest mainly coming from foreign investors, who also bought […]
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Retail Asia10/01/2019
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Living

Temasek plans to sell AS Watson stake

2min0
Singapore’s Temasek Holdings is reportedly looking to quit its stake in Hong Kong-headquartered beauty products retailer AS Watson. Temasek spent US$5.6 billion to acquire a 25 per cent share of AS Watson in 2014 from Hong Kong’s CK Hutchison, which retains the majority stake. According to report, Temasek made the investment expecting the business to be […]
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Retail Asia08/01/2019
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Food

The Coca-Cola Company completes acquisition of Costa

2min0
The Coca-Cola Company has announced that it has completed the acquisition of Costa Limited from Whitbread PLC. The US$ 4.9 billion transaction follows approval from regulatory authorities in the European Union and China. The acquisition was first announced on August 31, 2018. Costa, which has operations in more than 30 countries, gives Coca-Cola a significant footprint in the global […]
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Retail Asia01/12/2017
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Food

Vietnam’s biggest brewer to sell majority stake

4min0
Vietnam said Wednesday it would sell a majority stake in the country’s largest state-owned brewer next month but limit foreign ownership to 49 percent, as the government seeks to pay off public debt. The long-delayed sale shares in Sabeco, the leading brewer in the beer-obsessed nation, will take place in December and aims to raise […]
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Retail Asia04/06/2015
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Real Estate

LVMH sells L’Avenue Shanghai stake

2min
LVMH and Stanley Ho have reportedly bought their stakes in luxurious Chinese language shopping center L’Avenue Shanghai to non-public fairness investor Blackstone. In line with Chinese language media reviews over the weekend, Ho’s STDM enterprise, which owned 50 per cent of the retail and workplace tower, was dissatisfied with the return on its two yr […]
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