Symphony International Holdings Limited (Symphony) recently announced that the company purchased 4,500,000 ordinary shares at a price of US$0.84 per share for cancellation. The transaction took place on July 3rd, 2017. Following this purchase and cancellation of shares, the company’s issued share capital consists of 507,385,713 ordinary shares. In an earlier transaction, Anil Thadani, the […]
Day: 7 July 2017
McKinsey: Dance Of The Lions And Dragons
In the past two decades, China has gone from being a relatively small investor in Africa to becoming the continent’s largest economic partner. To better understand the breadth and depth of the economic relationship between Africa and China, McKinsey & Co. recently undertook a detailed study that included on-site interviews with more than 100 senior African business […]
Elliott Raises Stake in Bank Of East Asia
Elliott Management Corporation (Elliott) recently increased their stake in HK-listed Bank of East Asia (BEA). Based on a filing submitted to the Hong Kong Stock Exchange on July 6th, 2017, Elliott bought 237,800 shares on the exchange at an average price of HKD 32.569 per share on July 4th (total consideration was ~US$990,000). As a […]