AIA IPO eyes up to $14.9bn fundraising

first_img Tags: NULL Show Comments ▼ whatsapp KCS-content American International Group (AIG) plans to raise up to $14.9bn (£9.4bn) through an IPO of its Asian life insurance unit AIA Group, according to documents relating to the matter yesterday.The Hong Kong-based company plans to raise between $13.9bn and $14.9bn by selling 5.86bn shares at HK$18.38 to HK$19.68 each, the document said. Including an overallotment option, the IPO could raise up to $17.1bn.The document also revealed a list of cornerstone investors in the offering, including a $1bn commitment from the Kuwait Investment Authority and firms controlled by Hong Kong tycoon Cheng Yu-tung.Citigroup, Deutsche Bank, Goldman Sachs and Morgan Stanley are joint global coordinators for the IPO. Though the total amount has yet to be determined, the standard Hong Kong IPO fee would have the banks involved splitting roughly $500m in fees. In addition to a boon to the banks involved, it would also allow AIG to pay back the US government for its rescue in late 2008.In total, six cornerstone investors had agreed to commit $1.9bn to the IPO, said the document which was provided by a person directly involved in the deal, who was not authorised to be identified because the information is not public.AIG plans to sell 48.6 per cent of. Malaysian conglomerate Guoco Group which has agreed to invest $370m, while Lorita Investment and Kumpulan Wang Persaraan signed up to invest $200m each, the document said. Cheng’s New World and Chow Tai Fook committed $50m each.AIA’s overall value after listing would be on par with what British insurer Prudential last offered for AIA in its failed takeover bid earlier this year. AIA’s IPO was set to start today, with shares expected to start trading on 29 October. The issue was likely to be among the world’s largest ever and follows the record-breaking July deal from the Agricultural Bank of China. AIA would be the second largest IPO in the world this year.“Considering that some of the Chinese insurers are trading more than two times embedded value, I think AIA can get overall value north of $30bn,” said Sally Yim, vice president at Moody’s Investors Service. Share whatsapp AIA IPO eyes up to $14.9bn fundraising Monday 4 October 2010 8:29 pm More From Our Partners I blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgKiller drone ‘hunted down a human target’ without being told tonypost.comRussell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orglast_img read more

IPL 2020: CSK team including Dhoni to begin training; Harbhajan, Shardul…

first_img PSL 2021 Playoffs LIVE – How to watch Pakistan Super League Playoffs Live Streaming on your Mobile, Laptop Facebook Twitter by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeIPL 2020: Bad news for Sunrisers Hyderabad’s Jonny BairstowUndoIPL 2020 : Srikanth and fans slams MS Dhoni, says ‘wasted 15 Cr on Jadhav & Chawla’UndoSuresh Raina issues statement after arrest, says the incident in Mumbai was ‘unintentional’UndoDhoni, the three-time IPL winning captain, needed to undergo the test to fulfil the SOP set by IPL Governing Council. Dhoni has not been in the thick of things in the game, having last played in the World Cup semi-final on July 9 last year. He had a brief practice in Chennai in March before the pandemic brought things to a halt and since than he has been spending time at his farmhouse in Ranchi even before the lockdown in India began in March. WTC Final IND vs NZ: Virat Kohli displays his dancing skills on the beats of Bharat Army’s Dhol; Watch video Cricket TAGSChennai Super KingsHarbhajan Singh IPL 2020Indian Premier LeagueIPL 2020MS Dhoni SHARE WTC Final: Sunil Gavaskar reacts to Ajinkya Rahane dismissal says, ‘Only explanation is that he was going for his fifty’ As per the protocols issued by the Board of Control for Cricket in India (BCCI), 2 negative tests are mandatory for each player before the franchises reach UAE. Anybody who tests positive will have to be quarantined for 14 days and will have to undergo two tests post that. Only if both the tests are negative, the individuals will be allowed to leave for the UAE.After clearing the mandatory tests Dhoni will now train with the Chennai team from August 15 to 20. Bowling coach Lakshmipathy Balaji is likely to be the only member of the coaching staff present at the camp. The other members of the staff, including head coach Stephen Fleming and assistant coach Michael Hussey are likely to join the squad in Dubai on August 22.CSK chief executive officer Kasi Viswanathan meanwhile, confirmed that they were hopeful that Lungi Ngidi and Faf du Plessis, both from South Africa, would reach the UAE after September 1. South Africa has currently sealed its borders to prevent the spread of the Covid-19 infection.The only other South African player in the CSK franchise, Imran Tahir, will join the squad directly after taking part in the Caribbean Premier League that is scheduled to be played between August 18 and September 10 in Trinidad and Tobago. PL 2020 – All you want to know about Chennai Super Kings preparations and travel plans WTC Final Day 3 LIVE Score: R Ashwin draws first blood, Williamson joins Conway; NZ 84/1 (41 ovs)- Follow Live Updates By Kunal Dhyani – August 14, 2020 Cricket CricketIndian premier leagueIndian premier league 2020Latest Sports NewsSport RELATED ARTICLESMORE FROM AUTHOR YourBump15 Actors That Hollywood Banned For LifeYourBump|SponsoredSponsoredUndoDefinitionTime Was Not Kind To These 28 CelebritiesDefinition|SponsoredSponsoredUndoPast Factory4 Sisters Take The Same Picture For 40 Years. Don’t Cry When You See The Last One!Past Factory|SponsoredSponsoredUndoPost FunThese Twins Were Named “Most Beautiful In The World,” Wait Until You See Them TodayPost Fun|SponsoredSponsoredUndoMaternity WeekA Letter From The Devil Written By A Possessed Nun In 1676 Has Been TranslatedMaternity Week|SponsoredSponsoredUndoNoteableyAirport Security Couldn’t Believe These Jaw-Dropping MomentsNoteabley|SponsoredSponsoredUndo WI vs SA 2nd Test Day 3 Live: Roach removes Markram in the first over; SA 5/1 (2 ov) – Follow Live Updates Latest Sports News PSL 2021 Qualifier 1 ISL vs MUL LIVE: best way to watch Islamabad United vs Multan Sultans Live Streaming in your country, India, Follow… center_img Euro 2020, Switzerland vs Turkey LIVE: Shaqiri doubles Switzerland’s lead after Seferovic opener at HT; Follow Live Updates BCCI Apex Council Meet: BCCI to bid for 3 major global events in next tournament cycle starting from 2024; Check Cricket Football As reported earlier by InsideSport, Kasi Viswanathan, team CEO of CSK has already declared that team will leave for UAE on August 21. Dubai will be the base camp for the three-time IPL champions.“The team will start practicing at Chepauk mostly by August 16. Dhoni and Raina, along with other team members, would arrive by August 14-15, and we would leave for UAE around August 21,” he said.The CSK CEO also confirmed that the team is planning to take 8-10 net bowlers along with them. The State seamers include M. Mohammed, J. Kousik and Abhishek Tanwar, who were part of the Ranji side last season will be part of the CSK entourage.The 13th edition of the IPL will be played for 53 days, from September 19 to November 10, across three venues — Abu Dhabi, Sharjah, and Dubai. The final match is scheduled to be played on a weekday, i.e. Tuesday, for the first time in the history of the T20 tournament.On Monday, IPL chairman Brijesh Patel had confirmed that the board has got government approval to go ahead with the IPL in the UAE. Share on Facebook Tweet on Twitter Cricket Cricket Cricket IPL 2020: CSK team including Dhoni to begin training; Harbhajan, Shardul Thakur and Jadeja to miss camp Tokyo Olympics: BCCI provides fuel in Indian Olympic flame, to contribute Rs 10 crore ENG-W vs IND-W: Sneh Rana reveals England sledged a lot but we did not pay attention Cricket Cricket Previous articleBig E will take on John Morrison in a singles competition this week on SmackdownNext articleCPL 2020 Live: HERO CPL 2020 claims unprecedented support during these difficult times Kunal DhyaniSports Tech enthusiast, he reports on Sports Tech industry and writes on sports products. The Indian Premier League’s most talked about franchise Chennai Super Kings (CSK) will not have some its star players joining them as they start their preparatory camp on Saturday. Along with Ravindra Jadeja, now it has come to the fore that even Harbhajan Singh and Shardul Thakur has decided to skip the camp for personal reasons. But the trio will join the team on time for their chartered flight to Dubai on 21st August. Meanwhile the good news coming from CSK corner is that their team leader and most revered player Mahendra Singh Dhoni is reaching Chennai today. Dhoni who underwent Covid19 test in Ranchi and tested negative will reach the team headquarters by Friday evening and will be seen in action on Saturday. IPL 2020 : Dhoni reaching Chennai on Friday to lead Chennai Super Kings in IPL 2020last_img read more

Chemco Limited (CHEM.mu) Q32017 Interim Report

first_imgChemco Limited (CHEM.mu) listed on the Stock Exchange of Mauritius under the Chemicals sector has released it’s 2017 interim results for the third quarter.For more information about Chemco Limited (CHEM.mu) reports, abridged reports, interim earnings results and earnings presentations, visit the Chemco Limited (CHEM.mu) company page on AfricanFinancials.Document: Chemco Limited (CHEM.mu)  2017 interim results for the third quarter.Company ProfileChemco Limited specialises in the formulation, manufacturing, blending and trading of chemicals. The company operates as one of the subsidiaries of Harel Mallac & Co. Ltd. Chemco Limited company engages in the production and sale of agro chemicals, specialty chemicals and consumer goods.  Chemco Limited is headquartered in Port Louis, Mauritius. Chemco Limited is listed on the Stock Exchange of Mauritius.last_img read more

The Waratahs and Crusaders Plays of the Season, so far

first_imgFriday Aug 1, 2014 The Waratahs and Crusaders Plays of the Season, so far With the big Sydney final tomorrow, here’s a look at Sean Maloney’s Plays of the Season for the two sides doing battle, the Waratahs and the Crusaders. It’s a light hearted look at the good, the bad and the ugly, and should get you in the mood for what should be a massive Super Rugby clash. ADVERTISEMENT Posted By: rugbydump Share Send Thanks Sorry there has been an error Plays of the Week Related Articles 123 WEEKS AGO WATCH: France destroy Wales in Women’s Six… 138 WEEKS AGO Waikato winger scores four tries in epic… 304 WEEKS AGO The Wraparound from Rugby HQ – Week 27 From the WebThis Video Will Soon Be Banned. Watch Before It’s DeletedSecrets RevealedUrologists Stunned: Forget the Blue Pill, This “Fixes” Your EDSmart Life ReportsYou Won’t Believe What the World’s Most Beautiful Girl Looks Like TodayNueeyIf You Have Ringing Ears Do This Immediately (Ends Tinnitus)Healthier LivingDoctors Stunned: She Removes Her Wrinkles With This Inexpensive TipSmart Life Reports10 Types of Women You Should Never MarryNueeyThe content you see here is paid for by the advertiser or content provider whose link you click on, and is recommended to you by Revcontent. As the leading platform for native advertising and content recommendation, Revcontent uses interest based targeting to select content that we think will be of particular interest to you. We encourage you to view your opt out options in Revcontent’s Privacy PolicyWant your content to appear on sites like this?Increase Your Engagement Now!Want to report this publisher’s content as misinformation?Submit a ReportGot it, thanks!Remove Content Link?Please choose a reason below:Fake NewsMisleadingNot InterestedOffensiveRepetitiveSubmitCancellast_img read more

Sainsbury’s & Argos launch shelf labelling scheme to encourage food bank donations

first_img AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis19 Melanie May | 29 November 2018 | News Sainsbury’s & Argos launch shelf labelling scheme to encourage food bank donations Sainsbury’s and Argos have launched an on-shelf labelling scheme to encourage people to donate food and toys in the run up to Christmas, with a group of National Citizen Service (NCS) graduates playing a major role in its creation.The ‘Help to Brighten a Million Christmases’ campaign hopes to encourage one million food and toy donations in stores across the UK, and expands on Sainsbury’s year-round food bank scheme. It will be run in partnership with thousands of charity partners across the UK, to distribute the items to local communities in time for Christmas.Priority items include tinned meat, fish, vegetables and fruit, pasta sauces, pasta, instant coffee, tea, milk (UHT or powdered), and long life fruit juice, with new toys for children between the ages of 0-16 being collected at Argos.The NCS graduates from Exeter invented on-shelf labels to highlight priority products for donation after spotting that customers were noticing the food bank donation bins after finishing their shop when it was too late to purchase products for donation. As part of a social action project organised through the NCS programme this summer, the 13 teenagers created a dedicated shelf edge label to remind customers during their shop. After successfully pitching the idea to store manager, Sarah Spurling, in Sainsbury’s Exeter, the labels were implemented in store and donations tripled as a result.Sainsbury’s and Argos have worked closely with the teenagers to develop the idea and the labels will now be rolled out nationally to all Sainsbury’s stores across the UK. The labels will remain in these stores as a permanent fixture, with Argos customers able to donate toys in store until 16 December as part of the campaign.Claudine Blamey, Sainsbury’s Group Head of Corporate Responsibility and Sustainability, said: “We’re excited to be working together as a Group to expand Sainsbury’s food donation programme and to launch Argos’ toy donation programme. We are committed to making a positive difference in local communities and we hope our customers get on board to help brighten the lives of those less fortunate in the community“It’s been brilliant to work with NCS graduates to permanently roll out their fantastic label initiative to all our stores and help reach our target of one million donations.” Mark Richardson, manager of Exeter foodbank, said: Advertisement  216 total views,  2 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis19center_img About Melanie May Melanie May is a journalist and copywriter specialising in writing both for and about the charity and marketing services sectors since 2001. She can be reached via www.thepurplepim.com. Tagged with: Donated goods “Teenagers these days often have an unfair reputation for being unengaged with the world around them, so it’s great to see young people being empowered by programmes like NCS to go out into their communities and make a difference.“The results of this initiative go to show that sometimes you just need a new mind on an old problem, sometimes the most simple ideas have the greatest impact. This campaign has already had fantastic results locally, and I’m excited to see how it can benefit food banks and their clients across the UK.”  215 total views,  1 views todaylast_img read more

City of Culture playing role in ‘killing’ Irish language

first_img#HearThis: New music and video from Limerick rapper Strange Boy Watch the streamed gig for Fergal Nash album launch Emma Langford shortlisted for RTE Folk Award and playing a LIVE SHOW!!! this Saturday Celebrating a ground breaking year in music from Limerick Séighin Ó CeallaighSINN Féin local election candidate Séighin Ó Ceallaigh has condemned Limerick City of Culture for ignoring the Irish language and failing to have any mention of ‘Seachtain na Gaeilge’ in its calendar of events.‘Seachtain na Gaeilge’, is a two-week celebration that takes place every year between March 1 and 17 to promote the Irish language. Irish speaker Séighin pointed out that our language is a huge part of our culture and is flabbergasted that nothing was done to promote it as part of City of Culture. The City East candidate, who is involved in UL’s Irish Language Society believes our “culture is being ignored”.Sign up for the weekly Limerick Post newsletter Sign Up “They are promoting Fuerza Bruta as a major part of the City of Culture calendar, but all they are doing is bringing in an international show, to make it seem they are doing something, where as the truth is they are not.“People say the Irish language is a dead language, but this ignorance of the City of Culture is killing our language,” said 21-year-old Séighin.“Fuerza Bruta  began in the middle of ‘Seachtain na Gaeilge’, and it seems the City of Culture are happy to put on some unknown international show to make a quick pound, rather than actually promote Irish culture.“From the beginning the City of Culture has been a cause of controversy however it has huge potential to promote tourism in Limerick. But our culture has seemed to be the last item on the agenda,” he claimed.There was no comment from Limerick National City of Culture at the time of going to press. Sinn Fein plans for ‘all female’ election candidates are sexist and discriminatory, says male party member snubbed for election run WhatsApp RELATED ARTICLESMORE FROM AUTHOR Twitter Previous articleMunster Rugby – Eyes on Treviso, minds on LeinsterNext articleHistory beckons for UL Huskies Alan Jacqueshttp://www.limerickpost.ie center_img Advertisement Print NewsLocal NewsCity of Culture playing role in ‘killing’ Irish languageBy Alan Jacques – March 20, 2014 1039 Linkedin #SaucySoul: Room 58 – ‘Hate To See You Leave’ Email Facebook TAGSFuerza BrutaLimerick National City of Culture 2014Music LimerickSeachtain na GaeilgeSéighin Ó CeallaighSinn Fein last_img read more

Man facing charges after high-speed chase

first_img Twitter WhatsApp Twitter Local NewsCrime Facebook By admin – January 17, 2018 Pinterest Christopher Davidson Deputies engaged in a high-speed pursuit with the suspect of a vehicle theft Wednesday morning, an Ector County Sheriff’s Office press release stated.Deputies noticed a red 2010 Mustang reported stolen around 8:05 a.m. Wednesday near Kermit Highway and Pleasant Avenue, the release detailed, and upon initiating a traffic stop, the suspect, 45-year-old Christopher Davidson, attempted to evade the officers, leading them on a chase with speeds exceeding 80 miles per hour.Davidson at one point drove into Midland County near State Highway 158 and Farm to Market Road 1788 before turning west back into Ector County on State Highway 191, the release stated.Deputies quickly captured Davidson on foot near La Quinta Inn, 4122 Faudree Road, after one of the Mustang’s tires went flat, the release detailed.Davidson was charged with evading arrest and detention, a third-degree felony, and unauthorized use of a vehicle, a state jail felony.The release stated the stolen Mustang was returned to the Odessa Police Department as part of their stolen vehicle investigation.Jail records show Davidson was taken to the Ector County Detention Center Wednesday with bond yet to be set. Facebook Pinterest WhatsApp Man facing charges after high-speed chase Previous articleMan charged after security officer assaulted at local barNext articleOff-duty officer spots man with cocaine in bar bathroom adminlast_img read more

Lacework Expands Leadership Team with Key New Hires, Including David “Hat” Hatfield as Chief…

first_img Pinterest Previous articleBiden attempt to resurrect Iran nuke deal off to bumpy startNext articleLafarge Canada Celebrates Our First ECOPact Project Digital AIM Web Support Facebook Local NewsBusiness Facebook Twitter WhatsApp WhatsAppcenter_img Pinterest David “Hat” Hatfield, Chairman and Chief Executive Officer, Lacework By Digital AIM Web Support – February 23, 2021 TAGS  Twitter Lacework Expands Leadership Team with Key New Hires, Including David “Hat” Hatfield as Chief Executive Officerlast_img read more

Supreme Court Issues Notice To Centre On Plea Seeking Appointment Of Regular CBI Director

first_imgTop StoriesSupreme Court Issues Notice To Centre On Plea Seeking Appointment Of Regular CBI Director LIVELAW NEWS NETWORK11 March 2021 11:47 PMShare This – xThe Supreme Court on Friday sought the response of the Central Government on a PIL filed by NGO Common Cause seeking the appointment of a regular director for the Central Bureau of Investigation.The public interest litigation opposes the appointment of Mr. Praveen Sinha as an interim / acting CBI Director, after expiry of the term of the last incumbent viz. Mr. Rishi Kumar Shukla on February…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginThe Supreme Court on Friday sought the response of the Central Government on a PIL filed by NGO Common Cause seeking the appointment of a regular director for the Central Bureau of Investigation.The public interest litigation opposes the appointment of Mr. Praveen Sinha as an interim / acting CBI Director, after expiry of the term of the last incumbent viz. Mr. Rishi Kumar Shukla on February 2 this year.A division bench comprising Justices L Nageswara Rao and S Ravindra Bhat has posted the matter after two weeks.Advocate Prashant Bhushan, appearing for the petitioner NGO, submitted that there is no provision for the appointment of an acting director. He said that the work of CBI was suffering because of the lack of a regular directorThough Bhushan requested for a posting next week, saying that a quick response was required, the bench said that it was not sitting next week as it will be in the Constitution Bench hearing on Maratha reservation.Bhushan also pressed for an order to convene the selection committee meeting. However, the bench said that it will not pass any orders before hearing the Centre.The plea states that appointment of a full-time Director as per the statutory law is necessary for upholding the rule of law and for enforcement of the rights of the citizens under Articles 14 and 21 of the Constitution of India.It also refers to the case of Prakash Singh v. Union of India, (2019) 4 SCC 13, against appointment of Director General of Police on acting basis and argues that just like DGPs are heads of police force in states and CBI Director leads the premier Central Investigating agency. Next Storylast_img read more

€25 million sanctioned for three N56 projects

first_imgHomepage BannerNews Arranmore progress and potential flagged as population grows Loganair’s new Derry – Liverpool air service takes off from CODA Google+ Twitter Twitter Google+ News, Sport and Obituaries on Monday May 24th Facebook By News Highland – December 13, 2017 Pinterest RELATED ARTICLESMORE FROM AUTHORcenter_img WhatsApp WhatsApp Pinterest Facebook Important message for people attending LUH’s INR clinic €25 million has been sanctioned for three phases of the N56 due to commence next year.It was previiously announced that work would begin next year on the Coolboy to Kilmacrennan Road, the Kilkenny to Letterlilly Road, and the Mountcharles to Drumbeigh Road.Minister Joe McHugh says the works are vital for Donegal’s infrastructure…….Audio Playerhttp://www.highlandradio.com/wp-content/uploads/2017/12/mchughweds1pm.mp300:0000:0000:00Use Up/Down Arrow keys to increase or decrease volume. DL Debate – 24/05/21 Nine til Noon Show – Listen back to Monday’s Programme €25 million sanctioned for three N56 projects Previous articleEmergency works begin on the Back of Muckish RoadNext articleAidan Friel signs up at Finn Park News Highland last_img read more