Keppel Telecommunications & Transportation Ltd is planning to list its real estate investment trust or REIT, Bloomberg reported. Meanwhile, The Wall Street Journal reported that the Singapore-listed company intends to raise more than $400 million for its data center businesses.
Breaking News
Private equity fund CVC is said to be divesting Sunrise, a mobile operator in Switzerland and has already engaged banks to discuss about their roles for a potential listing or sale.
Hong Kong bourse recently listed Huishang Bank and Bank of Chongqing.
Alibaba, the largest e-commerce company in Chins, is set to register at the New York Stock Exchange.
The company, more popularly known for its sewing machines, aims to rake in as much as US$200M from IPO.
Reliance Communications would be listing its real estate business into a separate unit.
Osram warns of share value drop at debut in the market.
Diamond Resorts to undertake IPO at the NYSE under the symbol 'DRII'.
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