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December 22, 2017updated 28 Apr 2022 11:34am

Deals this week: Hubline Berhad, Damen Shipyards, Vard

Hubline Berhad intends to raise RM23.02m ($5.63m) through the issue of shares in a private placement.

Hubline Berhad intends to raise MYR23.02m ($5.63m) through the issue of shares in a private placement.

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2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
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The transaction will see the issue of 230,199,183 shares, priced at MYR0.10 ($0.02) each.

UOB Kay Hian Securities (M) Sdn Bhd is acting as the adviser and placement agent for the development.

"Vard has received a Nkr2.7bn ($322.8m) contract from Ponant to design and build a new polar expedition cruise ship."

Damen Shipyards Group has signed a joint venture (JV ) agreement with Concordia Group for the construction and delivery of inland waterway vessels.

The JV is set to be known as Concordia Damen Shipbuilding and is expected to result in an increase of the market share of the partners in inland waterways.

Concordia also intends to increase its production capacity, while retaining the company’s corporate identity within the JV .

Vard has received a Nkr2.7bn ($322.8m) contract from Ponant to design and build a new polar expedition cruise ship.

The LNG-powered vessel has been developed by Ponant, Stirling Design International, Aker Arctic and Vard.

The hull will be constructed at Vard Tulcea shipyared in Romania and delivered to Vard Søviknes in Norway for final outfitting.

Delivery of the vessel is currently scheduled for the second quarter of 2021.

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Free Report
img

2022: So far In Venture Capital

Global investment in 2022 has been majorly dominated by North America, Europe, and Asia Pacific, whereas the Middle East, and South and Central America have recorded low investments comparatively. In light of this, Europe and North America have been identified as the major destinations for Private Equity and Venture Capital (PE/VC) investments.   GlobalData’s whitepaper analyzes which sectors PE/VC firms have been investing in, looking at Technology, Media, and Telecom, with these sectors recording $356 billion and a deal volume of over 10,000 deals in 2022. Healthcare, Financial Services, Business & Consumer Services, and Construction sectors have also seen high investment activity by PE/VC firms, recording a deal value of over $70 billion each.   But what can this mean for you?   Understand how the Deals Database on GlobalData Explorer can be leveraged to:  
  • Track the Aggregate Investment Volumes in PE/VC-Stage firms across geographies and sectors, in addition to viewing the specific deals that drove these volumes
  • Identify the top investors already active in any sector-Geography combinations
  • Assess the Performance of Financial and Legal Advisors, supporting the Dealmaking in any segment of choice (Customizable League tables)
  • Understand what is driving the PE/VC fundraising (Deal Rationale)
  Consult our full report here and optimize your business strategy.
by GlobalData
Enter your details here to receive your free Report.

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