PanAsialum, a Chinese manufacturer of aluminium products, and Time Watch, a watch manufacturer, raise a combined $264 million from their offerings, while this year's first Indonesian IPO gets underway.
According to a term sheet, the largest shareholder in the Taiwanese touch-screen maker was aiming to raise at least $210 million by selling a quarter of its holding, but the deal was withdrawn after little more than one hour.
Summer hasn’t been much fun so far, but we still found time to play with our iPads and, to justify the time we’ve wasted, we’ve decided to share our favourite apps.
The main supplier of touch technology to Apple, Taiwan-based TPK attracts $4 billion of demand, which allows it to price the three-year deal with a zero yield and a 32% conversion premium.