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Sebi frames new rules for anchor investors
Published July 9, 2009, 1:38 pm, Express India
Market regulator Securities and Exchange Board of India has made it mandatory to have atleast two anchor investors for an issue size up to Rs 250 crore and five investors for an issue size exceeding Rs 250 crore.
Zimbabwe: Zim Stock Exchange Companies Undervalued
Published July 9, 2009, 8:14 am, AllAfrica.com
Harare — SOME listed companies are severely exposed to hostile take-overs particularly by foreign investors because the Zimbabwe Stock Exchange is under-valued.
Taiwan's Top DRAM Maker Receives Bailout
Published July 9, 2009, 7:41 am, PC Magazine
Powerchip, Taiwan's top DRAM chip maker, is getting a $125 million loan from two firms, one of the lenders said on Thursday, as it struggles to cope with the sector's worst-ever downturn.
Powerchip gets $125 mln loan from Taiwan firms
Published July 9, 2009, 5:13 am, Reuters via Yahoo! Malaysia News
TAIPEI, July 9 (Reuters) - Powerchip <5346.TWO>, Taiwan's top DRAM chip maker, is getting a $125 million loan from two firms, one of the lenders said on Thursday, as it struggles to cope with the sector's worst-ever downturn.
In Briefs
Published July 9, 2009, 12:20 am, Việt Nam News
HA NOI — Traphaco has issued about two million new shares to offer its existing shareholders at a rate of 4:1 to reach a charter capital of VND100 billion (US$17.8 million), said Vu Thi Thuan, chairwoman of the management board.
Outstanding loans rise 17.5 pct in Vietnam
Published July 8, 2009, 6:48 pm, Vietnam Net
VietNamNet Bridge - Vietnamese banks’ total outstanding loans rose 17.53 percent in the six months ending June compared with a year earlier, the central bank said in a statement on its website Tuesday.
Karoon Gas pair cash in
Published July 8, 2009, 5:43 pm, The West Australian
Directors of Browse Basin explorer Karoon Gas have cashed in on their company’s status as one of the bestperforming S&P-ASX 200 stocks this year by offloading nearly $12 million worth of stock
Volumes pick up but market dips
Published July 8, 2009, 1:21 am, Việt Nam News
HA NOI — Following a one-day spike on Monday, the HCM City Stock Exchange returned to its losing way yesterday, with the VN-Index dipping by 1.46 per cent to close at 447.63.
Vietnamese commercial banks report big profits in year's first half
Published July 7, 2009, 11:34 pm, EARTHtimes.org
Hanoi - Figures from Vietnamese commercial banks showed they have made big pre-tax profits in the first half of the year, a banker said Wednesday. This is an encouraging signal for the economy as it shows Vietnam's economy is recovering, said Dao T...
3 Accused of Running Ponzi Scheme
Published July 7, 2009, 5:01 pm, New York Times
Federal regulators have frozen the assets of a company accused of running a $485 million Ponzi scheme centered on the oil and gas industry.
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