Latest Breaking News On - ஹாங்காங் நில ஹோல்டிங்ஸ் - Page 1 : comparemela.com
Published July 8, 2021, 8:00 AM
Emperador Inc., the Philippines’ biggest liquor company, is exploring a second listing in Singapore that could raise as much as S$1 billion ($742 million), people with knowledge of the matter said.
The Manila-listed company is working with advisers on the potential offering, said the people, who asked not to be identified as the process is private. A listing in the city-state could take place as soon as the end of this year, the people said.
Emperador could be joining companies like Malaysia’s Top Glove Corp., Hongkong Land Holdings Ltd. and Japanese real estate firm Tosei Corp. in having a second listing in Singapore. Any deal would give a boost to the first-time share sales in the city-state, which hosted only three deals totaling $242 million so far this year, according to data compiled by Bloomberg. Second listings accounted for about 27% of total market capitalization in the country’s bourse in May, Singapore Exchange Ltd. data show.
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Hongkong Land successfully prices its first green bond
Publications by the Newswire.
HONG KONG, July 7, 2021 /PRNewswire/ Hongkong Land today announced that it has successfully priced its inaugural green bond (the bond ), raising US$500 million at a coupon rate of 2.25% per annum with a 10-year maturity.
The bond was allocated to a mix of Asian and European institutional investors, and was three times oversubscribed. The successful pricing of this bond underscores Hongkong Land s commitment to both sustainability and development of green financing in the region.
The net proceeds from this inaugural green bond will be used to fund the Group s initiatives that relate to green buildings, energy efficiency, renewable energy, clean transportation, sustainable water management, and climate change adaptation in accordance with the newly established Hongkong Land Green Financing Framework (the GFF ).
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