Will Friedland's latest IPO be another pot of gold?
Article Abstract:
Diamond Fields Resources founder Robert Friedland is taking his latest venture, Indochina Goldfields, public with an offering of 15 million new shares. The shares, priced from US$9.15 to US$10.98 per share, will trade on the Toronto Stock Exchange. The IPO is already oversubscribed even though the roadshow has not yet ended. Analysts attribute the appeal of the Indochina stock to its strong management team, exploration licenses, strategy, and political and corporate contacts.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Indonesian paper draws avid investor attention
Article Abstract:
A growing number of fixed-income investors are buying into Indonesian bonds and short-term commercial papers. Many are attracted by the high yields of Indonesian paper and an expected increase in prices. Although some decline is seen in the next few months, many analysts believe that foreign demand for Indonesian commercial paper is likely to remain strong in view of the level of interest in emerging markets.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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Hong Kong's Hutchison remains investor favorite
Article Abstract:
Hutchison Whampoa Ltd.'s stock value increase two-fold in the past 12 months, reaching a high of 49.40 Hong Kong dollars per share at the Hong Kong Stock Exchange in Jan. 12, 1996. Investors are attracted to Hutchison's high liquidity and to its strong revenues, which are due mainly to its port operations in Hong Kong. They believe that Hutchison still possesses strong potentials for growth.
Publication Name: The Asian Wall Street Journal Weekly
Subject: Business, international
ISSN: 0191-0132
Year: 1996
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