Real Estate Development / Operations
Tambun Indah Land Bhd Announces Conversion Of Warrants
Tambun Indah Land Bhd announced that additional 327,000 new ordinary shares of MYR0.500 each arising from the aforesaid Exercise will be granted listing and quotation with effect from May 20, 2013.
Immobiliare Grande Distribuzione Societa Di Investimento Immobiliare Quotata SpA Approves Final Terms of Capital Increase Reserved for FY 2012 Dividend Recipients
Immobiliare Grande Distribuzione Societa Di Investimento Immobiliare Quotata SpA (IGD) announced that the Board of Directors approved the final conditions of the capital increase, reserved for fiscal year 2012 dividend recipients (the Dividend Reinvestment Option). The subscription price is EUR 0.75 per share and the exchange ratio set at two new ordinary share for every 27 ordinary shares held on which the fiscal year 2012 dividend was paid. The capital increase is for up to a maximum of the 10% of the Company's pre-existing share capital, for an amount not to exceed 80% of the distributable dividends or EUR 19,089,451 – determined the definitive conditions of this increase based on the criteria established during the Annual General Meeting. The capital increase will be done through the issue of a maximum of 23,633,236 ordinary shares without a stated par value, with dividend rights, which will rank passu with existing shares, to be offered in subscription to the fiscal year 2012 dividend recipients.
IJM Land Bhd Announces Exercise Of Warrants
IJM Land Bhd announced that additional 2,882,300 new ordinary shares of MYR1.00 each arising from the aforesaid Exercise will be granted listing and quotation with effect from May 21, 2013.
India's DLF Ltd Prices $345 Million Share Issue At INR230 Each-Reuters
Reuters reported that DLF Ltd, has priced $345 million share issue at INR230 each, it said in a statement late on May 15, 2013. The Company had launched the issue on May 14, 2013 and set a price band of INR222 to INR233. The offer was fully covered on the day of the launch.
Eurocastle Investments Ltd Announces Offer Of Shares
Eurocastle Investments Ltd announced that it has published a prospectus in relation to an offer of 10,000,000 new ordinary shares to certain institutional and other sophisticated investors. The net proceeds of the Offer will be used by the Company to pursue new investment opportunities in the Italian real estate and debt markets in line with the Company's new investment focus. Credit Suisse Securities (Europe) Limited will act as the sole bookrunner in relation to the Offer. The price of the Offer Shares will be determined by an institutional bookbuilding process, which is expected to start on May 16, 2013. Following completion of this process, the number of Offer Shares to be issued and the Offer Price will be set by the Sole Bookrunner in consultation with the Company, having regard to the outcome of the bookbuilding process.
Dijaya Corporation Bhd Announces Proposed Private Placement Of Up To 10% Of Issued And Paidup Share Capital
Dijaya Corporation Bhd announced that it is proposing to undertake a private placement of up to 10% of the issued and paid-up share capital of Dijaya to third party investor(s) to be identified and at an issue price to be determined later. The Company is unable to determine the actual amount of proceeds to be raised from the Proposed Private Placement at this juncture as the amount to be raised will depend on, amongst others, the issue price and the actual number of Placement Shares to be issued.
FastPartner AB to Issue Preference Shares
FastPartner AB announced that its Board decided on May 13, 2013, to issue up to 1,725,000 preference shares directed to the public in Sweden and institutional investors, with deviation from the shareholders' preferential rights. The subscription price is SEK 293 per preference share. In case of full subscription, the Company will be provided approximately SEK 505 million before issue costs. The subscription of preference shares shall be made during the period from May 16, 2013 to May 29, 2013 for the general public in Sweden and in the period from May 16, 2013 to May 30, 2013 for the institutional investors. The expected first day of trading in preferred shares on NASDAQ OMX Stockholm is June 18, 2013.
A.D.Works Co Ltd Announces Partial Change to Article of Incorporation of Authorized Share Number
A.D.Works Co Ltd announced that it has received approval from the shareholders meeting to make partial change to its article of incorporation. Based on change to article six, the Company will increase total number of authorized shares from 2.24 million shares to 4.256 million shares, effective June 27, 2013.
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Analyst Research
| Report Title | Price |
|---|---|
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Provider: Edison Investment Research
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$10.00
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Provider: Swiss Capital
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$150.00
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Provider: Edison Investment Research
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$10.00
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Provider: Market Edge
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$10.00
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Provider: Market Edge
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$10.00
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