18.10.2010 - AIG Asian unit IPO expected to raise $14.1 bln
From Npr.org: AIA says institutional investors have pledged to buy $1.92 billion in shares. Major investors include the Kuwait Investment Authority ($1 billion), the Malaysian government employee pension fund Kumpulan Wang Persaraan ($200 million) and Malaysia's Hong Leong Financial Group Berhad, which is investing $370 million and $50 million through two units. Hong Kong tycoons Cheng Yu-tung and Peter Woo have also signed on. Cheng is buying $388 million in shares through an investment holding company and the same amount through his company NWS Financial Management Services Ltd. Woo pledged $200 million through Lorita Investments Ltd..............................................Full Article: Source
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