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China Investment Corp (CIC)
IPO
Saudi Aramco approaches Asian state oil producers on IPO
(Oct 1): Saudi Aramco has approached Asian state oil producers including Malaysia’s Petroliam Nasional and China’s Sinopec Group about potential cornerstone investments in its initial public offering, people with knowledge of the matter said.
October 01, 2019
Noble restructuring in doubt as founder Elman said to push for new deal
LONDON (Apr 10): Richard Elman, the founder and largest shareholder of Noble Group, is pushing the embattled commodities trader's creditors for a new restructuring deal, according to people familiar with the matter, casting fresh doubt on the survival
April 10, 2018
Asian sovereign investors face off with funds in hunt for private deals
SINGAPORE (July 18): Asian sovereign investors are increasingly adding non-public firms to their portfolios amid pricey stock markets, a strategy that could be risky as they compete head-on for such deals with cashed-up private funds.
July 18, 2017
Broker's Calls
Ceasing coverage but DBS hangs on to white knight hope for Noble
SINGAPORE (May 31): DBS believes Noble Group will be able to refinance its upcoming borrowing base facility in June, contrary to the view of some market participants.
May 31, 2017
Noble confirms it is in talks with strategic investor
SINGAPORE (Feb 14): Noble Group confirmed that it is currently engaged in discussions regarding a possible strategic investment in the company.
February 14, 2017
Broker's Calls
GLP’s potential privatisation could be ‘strategic move’ for further asset control
SINGAPORE (Dec 2): UOB Kay Hian is maintaining its “buy” recommendation on Global Logistic Properties (GLP) with an unchanged target price of $2.40.
December 02, 2016