The end (of rights issues) is near

The reason why HKEX now proposes to introduce changes to the way some primary equity offerings are conducted is, it says, “to address recent concerns about certain share issuance transactions that might not afford a fair treatment of shareholders, or an orderly market for securities trading”.

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Singapore to facilitate follow-on capital raisings

The SGX announced on 9 December 2010 measures to shorten timetables for secondary fund raisings for companies listed on the Main board.  These measures will come into force from 1 January 2011 and similar rules will also apply to the Catalist (second) board. read