Cornerstone investors :: a practice guide for Asian IPOs /
In this ground-breaking guide, former investment banker Philippe Espinasse explains the process of gathering cornerstone investors in connection with IPOs and other equity offerings. Using his trademark simple and jargon-free language, he details the targeting strategies, documentation, marketing, a...
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1. Verfasser: | |
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Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Hong Kong :
Hong Kong University Press,
[2018]
|
Schlagworte: | |
Online-Zugang: | Volltext |
Zusammenfassung: | In this ground-breaking guide, former investment banker Philippe Espinasse explains the process of gathering cornerstone investors in connection with IPOs and other equity offerings. Using his trademark simple and jargon-free language, he details the targeting strategies, documentation, marketing, and allocation of shares and other securities to these reference shareholders, and analyses why and how they make or break today's new listings across Asia's key markets. This essential guide-and the first of its kind-contains key information on the legal framework for cornerstone investors in Hong K. |
Beschreibung: | 1 online resource (vi, 250 pages) |
ISBN: | 9789888455331 9888455338 |
Internformat
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505 | 0 | |a Intro; Contents; Introduction; Part 1: Key parameters; 1.1 What are cornerstone investors?; 1.2 From early beginnings in Europe to three key Asian jurisdictions today; 1.3 Cornerstone tranches or corporate placings?; 1.4 Differences with pre-IPO investors; 1.5 Types of cornerstone investors and the US option; 1.6 Individual subscription amounts; 1.7 How many cornerstones are in an IPO?; 1.8 Tranche sizes and the question of liquidity; 1.9 What cornerstones bring to IPOs; 1.10 What is in it for the cornerstones?; 1.11 Obligations of cornerstone investors. | |
505 | 8 | |a 1.12 Anchor investors: Cornerstone investors by another name?Part 2: The legal framework; 2.1 Hong Kong; 2.2 Malaysia; 2.3 Singapore; Part 3: How the process works in practice; 3.1 Defining the equity story; 3.2 The initial approach; 3.3 Targeting potential cornerstones; 3.4 Drawbacks of a 'free-for-all' approach; 3.5 Cornerstone marketing and multi-bookrunner syndicates; 3.6 The bookrunner script; 3.7 The non-disclosure agreement (NDA); 3.8 What happens after the NDA has been signed; 3.9 Firming up the bids; 3.10 The subscription agreement; 3.11 Finalizing the allocations and settlement. | |
505 | 8 | |a Part 4: Issues associated with cornerstone investors4.1 Ethics; 4.2 Cornerstone investors: A way around market forces?; 4.3 Disclosure; 4.4 The lock-up requirement; 4.5 Recent developments; Conclusion; Appendix 1. Recent examples of cornerstone tranches in Hong Kong; Appendix 2. Older examples of cornerstone tranches in Hong Kong; Appendix 3. Recent examples of cornerstone tranches in Malaysia; Appendix 4. Recent examples of cornerstone tranches in Singapore; Appendix 5. Sample script for an initial approach to potential cornerstone investors by bookrunner banks. | |
505 | 8 | |a Appendix 6. Example of a non-disclosure agreement for potential cornerstone investorsAppendix 7. Example of an international cornerstone subscription agreement; Appendix 8. Selected profiles of cornerstone investors; Appendix 9. Target list of potential cornerstone investors (by jurisdiction); Glossary; About the author; Index. | |
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author | Espinasse, Philippe |
author_GND | http://id.loc.gov/authorities/names/n2011054164 |
author_facet | Espinasse, Philippe |
author_role | aut |
author_sort | Espinasse, Philippe |
author_variant | p e pe |
building | Verbundindex |
bvnumber | localFWS |
callnumber-first | H - Social Science |
callnumber-label | HG4028 |
callnumber-raw | HG4028.S7 E87 2018 |
callnumber-search | HG4028.S7 E87 2018 |
callnumber-sort | HG 44028 S7 E87 42018 |
callnumber-subject | HG - Finance |
collection | ZDB-4-EBA |
contents | Intro; Contents; Introduction; Part 1: Key parameters; 1.1 What are cornerstone investors?; 1.2 From early beginnings in Europe to three key Asian jurisdictions today; 1.3 Cornerstone tranches or corporate placings?; 1.4 Differences with pre-IPO investors; 1.5 Types of cornerstone investors and the US option; 1.6 Individual subscription amounts; 1.7 How many cornerstones are in an IPO?; 1.8 Tranche sizes and the question of liquidity; 1.9 What cornerstones bring to IPOs; 1.10 What is in it for the cornerstones?; 1.11 Obligations of cornerstone investors. 1.12 Anchor investors: Cornerstone investors by another name?Part 2: The legal framework; 2.1 Hong Kong; 2.2 Malaysia; 2.3 Singapore; Part 3: How the process works in practice; 3.1 Defining the equity story; 3.2 The initial approach; 3.3 Targeting potential cornerstones; 3.4 Drawbacks of a 'free-for-all' approach; 3.5 Cornerstone marketing and multi-bookrunner syndicates; 3.6 The bookrunner script; 3.7 The non-disclosure agreement (NDA); 3.8 What happens after the NDA has been signed; 3.9 Firming up the bids; 3.10 The subscription agreement; 3.11 Finalizing the allocations and settlement. Part 4: Issues associated with cornerstone investors4.1 Ethics; 4.2 Cornerstone investors: A way around market forces?; 4.3 Disclosure; 4.4 The lock-up requirement; 4.5 Recent developments; Conclusion; Appendix 1. Recent examples of cornerstone tranches in Hong Kong; Appendix 2. Older examples of cornerstone tranches in Hong Kong; Appendix 3. Recent examples of cornerstone tranches in Malaysia; Appendix 4. Recent examples of cornerstone tranches in Singapore; Appendix 5. Sample script for an initial approach to potential cornerstone investors by bookrunner banks. Appendix 6. Example of a non-disclosure agreement for potential cornerstone investorsAppendix 7. Example of an international cornerstone subscription agreement; Appendix 8. Selected profiles of cornerstone investors; Appendix 9. Target list of potential cornerstone investors (by jurisdiction); Glossary; About the author; Index. |
ctrlnum | (OCoLC)1031676519 |
dewey-full | 658.15/224 |
dewey-hundreds | 600 - Technology (Applied sciences) |
dewey-ones | 658 - General management |
dewey-raw | 658.15/224 |
dewey-search | 658.15/224 |
dewey-sort | 3658.15 3224 |
dewey-tens | 650 - Management and auxiliary services |
discipline | Wirtschaftswissenschaften |
format | Electronic eBook |
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spelling | Espinasse, Philippe, author. http://id.loc.gov/authorities/names/n2011054164 Cornerstone investors : a practice guide for Asian IPOs / Philippe Espinasse. Hong Kong : Hong Kong University Press, [2018] 1 online resource (vi, 250 pages) text txt rdacontent computer c rdamedia online resource cr rdacarrier Intro; Contents; Introduction; Part 1: Key parameters; 1.1 What are cornerstone investors?; 1.2 From early beginnings in Europe to three key Asian jurisdictions today; 1.3 Cornerstone tranches or corporate placings?; 1.4 Differences with pre-IPO investors; 1.5 Types of cornerstone investors and the US option; 1.6 Individual subscription amounts; 1.7 How many cornerstones are in an IPO?; 1.8 Tranche sizes and the question of liquidity; 1.9 What cornerstones bring to IPOs; 1.10 What is in it for the cornerstones?; 1.11 Obligations of cornerstone investors. 1.12 Anchor investors: Cornerstone investors by another name?Part 2: The legal framework; 2.1 Hong Kong; 2.2 Malaysia; 2.3 Singapore; Part 3: How the process works in practice; 3.1 Defining the equity story; 3.2 The initial approach; 3.3 Targeting potential cornerstones; 3.4 Drawbacks of a 'free-for-all' approach; 3.5 Cornerstone marketing and multi-bookrunner syndicates; 3.6 The bookrunner script; 3.7 The non-disclosure agreement (NDA); 3.8 What happens after the NDA has been signed; 3.9 Firming up the bids; 3.10 The subscription agreement; 3.11 Finalizing the allocations and settlement. Part 4: Issues associated with cornerstone investors4.1 Ethics; 4.2 Cornerstone investors: A way around market forces?; 4.3 Disclosure; 4.4 The lock-up requirement; 4.5 Recent developments; Conclusion; Appendix 1. Recent examples of cornerstone tranches in Hong Kong; Appendix 2. Older examples of cornerstone tranches in Hong Kong; Appendix 3. Recent examples of cornerstone tranches in Malaysia; Appendix 4. Recent examples of cornerstone tranches in Singapore; Appendix 5. Sample script for an initial approach to potential cornerstone investors by bookrunner banks. Appendix 6. Example of a non-disclosure agreement for potential cornerstone investorsAppendix 7. Example of an international cornerstone subscription agreement; Appendix 8. Selected profiles of cornerstone investors; Appendix 9. Target list of potential cornerstone investors (by jurisdiction); Glossary; About the author; Index. In this ground-breaking guide, former investment banker Philippe Espinasse explains the process of gathering cornerstone investors in connection with IPOs and other equity offerings. Using his trademark simple and jargon-free language, he details the targeting strategies, documentation, marketing, and allocation of shares and other securities to these reference shareholders, and analyses why and how they make or break today's new listings across Asia's key markets. This essential guide-and the first of its kind-contains key information on the legal framework for cornerstone investors in Hong K. Online resource; title from digital title page (viewed on November 27, 2018). Going public (Securities) Asia. Appel public à l'épargne Asie. LAW Business & Financial. bisacsh BUSINESS & ECONOMICS Industrial Management. bisacsh BUSINESS & ECONOMICS Management. bisacsh BUSINESS & ECONOMICS Management Science. bisacsh BUSINESS & ECONOMICS Organizational Behavior. bisacsh Going public (Securities) fast Asia fast https://id.oclc.org/worldcat/entity/E39PBJxMpyjKQ9Jtm3jkjPBgKd Electronic book. has work: Cornerstone investors (Text) https://id.oclc.org/worldcat/entity/E39PCGgDwC46DhwCDC9XcxWMT3 https://id.oclc.org/worldcat/ontology/hasWork Print version: Espinasse, Philippe. Cornerstone investors. Hong Kong : Hong Kong University Press, [2018] 9789888455843 (OCoLC)1014063489 FWS01 ZDB-4-EBA FWS_PDA_EBA https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1794566 Volltext |
spellingShingle | Espinasse, Philippe Cornerstone investors : a practice guide for Asian IPOs / Intro; Contents; Introduction; Part 1: Key parameters; 1.1 What are cornerstone investors?; 1.2 From early beginnings in Europe to three key Asian jurisdictions today; 1.3 Cornerstone tranches or corporate placings?; 1.4 Differences with pre-IPO investors; 1.5 Types of cornerstone investors and the US option; 1.6 Individual subscription amounts; 1.7 How many cornerstones are in an IPO?; 1.8 Tranche sizes and the question of liquidity; 1.9 What cornerstones bring to IPOs; 1.10 What is in it for the cornerstones?; 1.11 Obligations of cornerstone investors. 1.12 Anchor investors: Cornerstone investors by another name?Part 2: The legal framework; 2.1 Hong Kong; 2.2 Malaysia; 2.3 Singapore; Part 3: How the process works in practice; 3.1 Defining the equity story; 3.2 The initial approach; 3.3 Targeting potential cornerstones; 3.4 Drawbacks of a 'free-for-all' approach; 3.5 Cornerstone marketing and multi-bookrunner syndicates; 3.6 The bookrunner script; 3.7 The non-disclosure agreement (NDA); 3.8 What happens after the NDA has been signed; 3.9 Firming up the bids; 3.10 The subscription agreement; 3.11 Finalizing the allocations and settlement. Part 4: Issues associated with cornerstone investors4.1 Ethics; 4.2 Cornerstone investors: A way around market forces?; 4.3 Disclosure; 4.4 The lock-up requirement; 4.5 Recent developments; Conclusion; Appendix 1. Recent examples of cornerstone tranches in Hong Kong; Appendix 2. Older examples of cornerstone tranches in Hong Kong; Appendix 3. Recent examples of cornerstone tranches in Malaysia; Appendix 4. Recent examples of cornerstone tranches in Singapore; Appendix 5. Sample script for an initial approach to potential cornerstone investors by bookrunner banks. Appendix 6. Example of a non-disclosure agreement for potential cornerstone investorsAppendix 7. Example of an international cornerstone subscription agreement; Appendix 8. Selected profiles of cornerstone investors; Appendix 9. Target list of potential cornerstone investors (by jurisdiction); Glossary; About the author; Index. Going public (Securities) Asia. Appel public à l'épargne Asie. LAW Business & Financial. bisacsh BUSINESS & ECONOMICS Industrial Management. bisacsh BUSINESS & ECONOMICS Management. bisacsh BUSINESS & ECONOMICS Management Science. bisacsh BUSINESS & ECONOMICS Organizational Behavior. bisacsh Going public (Securities) fast |
title | Cornerstone investors : a practice guide for Asian IPOs / |
title_auth | Cornerstone investors : a practice guide for Asian IPOs / |
title_exact_search | Cornerstone investors : a practice guide for Asian IPOs / |
title_full | Cornerstone investors : a practice guide for Asian IPOs / Philippe Espinasse. |
title_fullStr | Cornerstone investors : a practice guide for Asian IPOs / Philippe Espinasse. |
title_full_unstemmed | Cornerstone investors : a practice guide for Asian IPOs / Philippe Espinasse. |
title_short | Cornerstone investors : |
title_sort | cornerstone investors a practice guide for asian ipos |
title_sub | a practice guide for Asian IPOs / |
topic | Going public (Securities) Asia. Appel public à l'épargne Asie. LAW Business & Financial. bisacsh BUSINESS & ECONOMICS Industrial Management. bisacsh BUSINESS & ECONOMICS Management. bisacsh BUSINESS & ECONOMICS Management Science. bisacsh BUSINESS & ECONOMICS Organizational Behavior. bisacsh Going public (Securities) fast |
topic_facet | Going public (Securities) Asia. Appel public à l'épargne Asie. LAW Business & Financial. BUSINESS & ECONOMICS Industrial Management. BUSINESS & ECONOMICS Management. BUSINESS & ECONOMICS Management Science. BUSINESS & ECONOMICS Organizational Behavior. Going public (Securities) Asia Electronic book. |
url | https://search.ebscohost.com/login.aspx?direct=true&scope=site&db=nlebk&AN=1794566 |
work_keys_str_mv | AT espinassephilippe cornerstoneinvestorsapracticeguideforasianipos |