MUI Media to place further SCMP shares via Goldman?

MUI Media to place further SCMP shares via Goldman?

Malaysian conglomerate MUI Media looks set to complete a HK$359 million private placement of South China Morning Post (Holdings) shares this week, defying the near-drying up of the Hong Kong primary market. Analysts said large fluctuations in the share price of SCMP have raised suspicions that a sal...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
Veröffentlicht in:Euroweek : the Euromarket's first newspaper 1998-09 (568), p.13
Format: Artikel
Sprache:eng
Schlagworte:
Private placement
Securities markets
Securities offerings
Online-Zugang:Volltext
Tags: Tag hinzufügen
Keine Tags, Fügen Sie den ersten Tag hinzu!
Beschreibung
Zusammenfassung:Malaysian conglomerate MUI Media looks set to complete a HK$359 million private placement of South China Morning Post (Holdings) shares this week, defying the near-drying up of the Hong Kong primary market. Analysts said large fluctuations in the share price of SCMP have raised suspicions that a sale was imminent. Goldman Sachs looks the most likely candidate to complete a placement for MUI, given its sale of 235 million SCMP shares for the company in April, and apparently heavy trading in the stock by the firm's brokerage division.
ISSN:0952-7036