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Venture Capital: Get Back To Basics

Published July 10, 2009, 3:13 am, Forbes

History offers some hints about how to course-correct the industry.

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Nigeria: Ogundeji - Court Orders Arrest of ACP

Published July 10, 2009, 2:50 am, AllAfrica.com

Lagos — A coroner sitting at the Yaba Magistrate's Court, yesterday ordered immediate arrest of an Assistant Commissioner of Police, Johnson Adeniken, over his refusal to appear before the coroner, on the death of a member of THISDAY Newspapers Editorial Board, Mr Abayomi Ogundeji, despite repeated order.

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Back to Bernama.com

Published July 10, 2009, 2:43 am, Bernama

KUALA LUMPUR, July 10 (Bernama) -- China's fifth largest outdoor sportswear manufacturer, Xingquan International Sports Holdings Ltd, opened at a 12-sen premium of RM1.83 per share today, on its debut on the Main Board of Bursa Malaysia.

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CIC Said to Plan Investment in BBMG’s Hong Kong Stock Offering

Published July 10, 2009, 2:41 am, Bloomberg

July 10 (Bloomberg) -- China Investment Corp. , the nation’s $200 billion sovereign wealth fund, will invest in cement maker BBMG Corp. ’s initial public offering in Hong Kong, said three people with knowledge of the matter.

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London & Stamford Seeks $357 Million in Share Sale (Update1)

Published July 10, 2009, 2:33 am, Bloomberg

July 10 (Bloomberg) -- London & Stamford Property Ltd., the company set up in November 2007 to take advantage of the U.K. real estate market slump , aims to raise a net 219.5 million pounds ($357 million) in a share sale to fund more acquisitions.

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Asian Stocks Set for Second Weekly Drop; Mining Shares Gain

Published July 10, 2009, 2:29 am, Bloomberg

July 10 (Bloomberg) -- Asian stocks headed for a second weekly drop as declines among shipping companies and Japanese property developers offset gains by consumer and mining shares.

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Rongsheng May Hold $2 Billion Hong Kong IPO This Year (Update1)

Published July 10, 2009, 2:29 am, Bloomberg

July 10 (Bloomberg) -- Jiangsu Rongsheng Heavy Industry Group Co. , the Chinese shipbuilder backed by Goldman Sachs Group Inc., may hold a $2 billion Hong Kong initial public offering as early as this year amid a revival in investor appetite.

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Sanjin, Wanma Halted in Shenzhen After Surge on Debut (Update1)

Published July 10, 2009, 2:12 am, Bloomberg

July 10 (Bloomberg) -- China’s first two companies to go public in nine months surged on their trading debuts, triggering stock suspensions under a new system aimed at curbing speculation.

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(AFX UK Focus) 2009-07-10 09:59 Europe shares fall; oils weigh after Chevron news

Published July 10, 2009, 2:04 am, Interactive Investor

By Christoph Steitz

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BBMG Secures At Least US$175 Million Cornerstone Investment Source

Published July 10, 2009, 1:54 am, Nasdaq

HONG KONG -(Dow Jones)- BBMG Corp.'s (2009.HK) planned US$700 million initial public offering in Hong Kong has secured US$175 million-US$190 million funds from five cornerstone investors, including China's sovereign wealth fund, a person familiar with the situation said Friday.

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