conglomerate

JG Summit raises $200 million from placement

The conglomerate hits the market as its stock is about to go into the MSCI Philippines index, prompting a number of passive index funds to buy into the deal.
November 26, 2013

Son of founder sells bulk of his stake in Hyosung Corp

The deal raises $116 million after decent demand allows the price to be fixed above the mid-point. But the discount to the latest close is still 7.1% and the Korean conglomerate has fallen almost 25% this year.
March 01, 2013