First Asian GDRs in four months see good demand

Taiwan’s Hermes Microvision and some of its pre-IPO shareholders raise $292 million, while Korea-listed Kolao and its chairman bring a $150 million deal.

Korea-listed Kolao Holding, the largest distributor of cars and motorcycles in Laos, and its chairman raised $150 million.

Anette Jönsson

November 11, 2013

Two Asian mid-cap companies together with certain of their existing shareholders tapped the equity capital markets at the end of last week to raise a combined $442 million.

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