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Anshuman Daga

RPT-EXCLUSIVE-Malaysia's QSR puts $500 mln IPO on hold, hit by lofty valuations-sources

11 Apr 2019

SINGAPORE/KUALA LUMPUR, April 10 Malaysia's biggest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential local investors balked at its valuations, sources familiar with the deal said.

Jet hits more turbulence as fleet shrinks and fuel terms tightened

10 Apr 2019

NEW DELHI/SINGAPORE Jet Airways is fighting for survival as its fleet shrinks and some refiners tighten fuel supply terms despite efforts by the airline's lenders to find a new investor to bail out the cash-strapped Indian carrier.

Exclusive: Malaysia's QSR puts $500 million IPO on hold, hit by lofty valuations - sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR Malaysia's biggest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential local investors balked at its valuations, sources familiar with the deal said.

Exclusive: Malaysia's QSR shelves $500 million IPO as investors balk at valuations - sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR Malaysia's largest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million (382.47 million pounds) as potential investors balked at its valuations, sources familiar with the deal told Reuters.

EXCLUSIVE-Malaysia's QSR shelves $500 mln IPO as investors balk at valuations-sources

10 Apr 2019

SINGAPORE/KUALA LUMPUR, April 10 Malaysia's largest fast-food operator, QSR Brands, has shelved plans for an initial public offering (IPO) that could have raised as much as $500 million as potential investors balked at its valuations, sources familiar with the deal told Reuters.

INSIGHT-The downfall of Jet Airways: How India's premium airline crumbled

10 Apr 2019

* Challenge to make money in India, where budget carriers dominate

The downfall of Jet Airways: How India's premium airline crumbled

09 Apr 2019

SINGAPORE/NEW DELHI In early January, Jet Airways and its main lender, State Bank of India, met with aircraft lessors to assure them there was a plan to rescue the debt-laden carrier so it could pay them, sources familiar with the matter said.

SoftBank-backed Grab seeks another $2 billion funding in expansion drive

08 Apr 2019

SINGAPORE Grab is looking to raise another $2 billion this year to ramp up expansion, its CEO Anthony Tan told Reuters, only weeks after announcing more than $4.5 billion of funding in what has become Southeast Asia's largest round of private financing.

Jet Airways lenders lay out bid terms for 75 percent stake in airline

08 Apr 2019

SINGAPORE/NEW DELHI Prospective bidders of struggling Jet Airways Ltd need to settle the airline's existing debt as part of any deal to buy a stake in the carrier, its consortium of lenders led by State Bank of India (SBI) said in a statement on Monday.

Avolon seeks to de-register two planes leased to Jet Airways, woes deepen for airline

05 Apr 2019

SINGAPORE Avolon, one of the world's biggest aircraft lessors, applied to de-register two planes it had placed with Jet Airways Ltd, making it the first lessor to do so on a non-consensual basis with the struggling Indian airline.

World News