New Century REIT IPO to Raise up to $254 Million

New Century REIT IPO to Raise up to $254 Million

The Wall Street Journal 20 June 2013 New Century Real Estate Investment Trust has started taking orders from institutional investors for its initial public offering in Hong Kong that will raise as much as US$254 million, according to a term sheet seen by The Wall...
Private-equity funds get control of Unidas for R$1,500

Private-equity funds get control of Unidas for R$1,500

Valor Econômico International June 10 2013 For little less than R$1,500, private-equity funds of asset managers Gávea, Kinea and Vinci have taken control of rental-car company Unidas. With the deal, the firms now have a combined stake of 65.25% in the company. The...
Landsea Group Acquires 63.4% Interest in Shenzhen High-Tech

Landsea Group Acquires 63.4% Interest in Shenzhen High-Tech

PR Newswire 18 June 2013 HONG KONG, June 18, 2013 /PRNewswire/ — Landsea Group Co. Ltd.today announced that Landsea has agreed to acquire a majority stake in Shenzhen High-Tech Holdings Limited through a share purchase agreement with the controlling shareholder...
Alibaba-Backed Sinosoft Tech Plans $60 Million Hong Kong IPO

Alibaba-Backed Sinosoft Tech Plans $60 Million Hong Kong IPO

The Wall Street Journal 17 June 2013 Sinosoft Technology Group, an export-services software firm in which Alibaba Group owns a 25% stake, is planning to raise around $60 million in an initial public offering in Hong Kong, a person familiar with the situation said...
Tencent May Acquire 15% Stake In Malaysia’s Patimas

Tencent May Acquire 15% Stake In Malaysia’s Patimas

18 June 2013 Chinese Internet company Tencent may acquire a 15% stake in Patimas Computers, an information communication technology provider in Malaysia. According to reports in Malaysian local media, it has not been decided yet if Tencent will acquire the stake...