Forgame Tech Co. submitted official documents for an IPO later this year. Forgame Tech Co. , a video game production company, has presented its official initial public offering documents to Hong Kong's equity agency and plans to start the IPO later this year, said the sources, who requested not to be identified.
Investors
Monitronics International acquires Security Networks LLC
Monitronics International signed today a definitive agreement for the acquisition of Security Networks LLC priced at US$487.5 million in cash and newly issued shares amounting to US$20 million.
MiX Telematics announces IPO plans
MiX Telematics announced its IPO plans and wants to hit big. MiX Telematics aims to hit big in its market debut amid a hospitable atmosphere among cloud tech venture companies.
EasyJet investors consider US$13 billion order
EasyJet shareholders, Standard Life Investments and M&G Investments, were positioned to support an order for 135 Airbus SAS jets.
Kenya to create sovereign wealth fund of mining companies
Kenya announced places to create sovereign wealth fund for mining companies and mining ventures. Kenya announced it will form a state-owned holdings firm that will hold shares in the mining industry.
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Nuvo Research and Paladin Labs completed their loan arrangement. Nuvo Research Inc. and Paladin Labs Inc. announced that they have completed their loan agreement.
Troy Resources announced that it would proceed with Azimuth compulsory acquisition. Troy Resources Limited announced on a press release that its interest in Azimuth Resources Limited now amounted to 93.
South Korea will decide next week whether to proceed with the auction for the supplying of 60 next generation fighter jets worth US$7.31 billion.
Kenya stated plans to introduce derivatives into its market. Following Kenya's equity trading volume decline in its stock exchange, which is also the region's largest, Kenya announced plans to introduce real estate investment trusts and derivatives, Kenya's financial-markets regulator said.
Lenovo announced that they have no plans to issue bonds Lenovo Group Ltd, announced that they have no plans to issue bonds in the near term. The decision of Lenovo is based on the global market volatility Lenovo CFO Wong Wai Ming said in a telephone intervier, "The debt market was actually in a turmoil probably a couple of weeks ago.
Tribune Co plans to dismiss its newspapers from the firm’s TV business, marking the end of news broadcasting and publishing collaboration.
Miravast Asset Management announced the closing of a US$60 million life insurance portfolio acquisition
On Wednesday, QVT Financial LP said that it would support the slate of activist investor First Manhattan Co as it proposed to change the board of directors at Vivus Inc.
Four state owned banks in China aggressively extended Yuan loans that were unusually large causing alarm among regulators who were trying to strangle distorted credit growth.
