South Korea

SK C&C, the technology outsourcing arm of SK Group is going to undertake the first IPO with an international tranche this year, hoping to raise up to W1.19trn (US$1.15bn). Up... 2008-06-19

UK bank HSBC hinted on May 26 that it is prepared to walk away from its US$6.2bn planned takeover of US private equity fund Lone Star's 51% stake in Korea Exchange Bank if the deal... 2008-05-27

The State Bank of Vietnam has given the go-ahead to four foreign investors taking a 25% stake in Eximbank in what is the latest, but surely not the last, instance of foreign... 2008-05-22

Newly-elected President Lee Myung-bak appears to have been accorded a honeymoon by foreign investors with pledged FDI rising by 70% y-o-y to US$2.72bn in Q108. Lee's ambitious growth... 2008-04-04

South Korea's second largest cable TV operator C&M has been acquired by an investment fund managed by Australia's Macquarie Group and private equity house MBK Partners.... 2008-04-04

Korea Development Bank (KDB) and the Korea Asset Management Corp have agreed to sell their combined 50.4% stake in Daewoo Shipbuilding & Marine Engineering (DSME) by auction.... 2008-03-28

Temasek is selling its 42% stake in Bank Internasional Indonesia (BII) to comply with a new Indonesian central bank policy that does not allow foreign investors to have a controlling... 2008-03-12