share sale
Temasek, top funds bid in Swiggy’s US$1.1 billion share sale
The fundraising underscores the Indian e-commerce market’s rapid expansion amid surging demand
ByteDance’s valuation soars to US$480 billion in share auction
The transaction is a sign of the enduring interest in the company that has created several of China’s most popular digital services
Nio completes US$1.2 billion share sale to fund EV growth
The Shanghai-based electric-vehicle maker sells American depositary shares at a public offering price of US$5.57 apiece
mm2 Asia scraps stake sale; PE fund to take 29% of Vividthree stake in direct share deal instead
As a result of the new share placement, controlling shareholder mm2 Asia’s stake in Vividthree will be diluted to 23%
Alibaba dumps 151.3 million SingPost shares, slashing its stake to below 5%
This means the Chinese e-commerce giant is no longer a substantial shareholder of the national postal service provider
Revolut begins secondary share sale at US$75 billion valuation
The deal will cement the company’s status as one of the most valuable fintechs on the planet
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
[HONG KONG] An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people familiar with the matter, in one of the biggest dispo...
Boustead Singapore reviews assets for potential sale to Reit for listing
No certainty that any transaction will materialise as a result of this process, says the engineering and technology group
Investor rush for India exposure revs up block deals, IPOs
The nation saw US$6.4 billion raised through share sales in May
China’s Xiaomi to raise up to US$5.27 billion from share sale
The money raised is earmarked for business expansion, investment in research and technology development and general corporate purposes
