The Swiss stock exchange listing
authority said on Wednesday that GAM Holding
understated liabilities from its 2016 acquisition of Cantab
Capital Partners LLP in a disputed case in which the asset
manager vowed to fight a possible sanction.
Malaysian developer Iskandar
Waterfront Holdings Sdn Bhd (IWH) has revived its ambition to go
public two years after shelving a backdoor listing, with a plan
to raise $1 billion to $1.5 billion in an IPO next year, people
familiar with the deal said.
The institutional tranche of Saudi
Aramco's planned initial public offering (IPO) has been almost
three times oversubscribed, receiving orders worth 189.04
billion riyals ($50.4 billion), financial advisers for the IPO
said on Tuesday.