BlueMount Capital (Queensland) Appoints Chief Operations Officer
The Queensland office of capital markets group BlueMount Capital has appointed Ken Freer as Chief Operations Officer.
Speaking with BlueMount Capital Managing Director, Dr Mark Rainbird, about this appointment, Mark said, “We are looking to strengthen our executive management as we look to grow the business and our market presence. Our business is looking to invest in synergistic activities that support its core offering around capital markets corporate advisory and financing while supporting our clients and investors”. Continue reading
BlueMount Capital in the news: “Brave new world: Islamic finance in BD“
International IFN Roadshow Bangladesh-2021 was held recently organised by REDMoney Group. The IFN Roadshow-2021 series opens with Bangladesh, a country that has a promising future in Islamic finance, especially as it launched its first corporate Sukuk in 2020. Bangladesh is on a sprint to aggressive development as the public demand for Islamic finance is rising, which has spurred the robust Islamic banking sector in the nation. Continue reading
BlueMount Capital in the news: “Altech Chemicals finalises $195m green bond offering to fund Malaysian high purity alumina plant”
Altech Chemicals (ASX: ATC) has entered the final stages of a $195 million listed green bond offering to provide additional financing for the construction of a planned $400 million high purity alumina (HPA) plant in Malaysia.
The company has been working with UK structuring agent Bedford Row Capital PLC and Perth-based Bluemount Capital since October to prepare for the offering. Continue reading
BlueMount Capital Finalises Complex Deal to assist Drillman’s Acquisition of Global Exploration Company
Drilling Equipment Manufacturers Australia Pty Ltd (Drillman), a subsidiary of the M Group of Companies, corporate advisor BlueMount Capital (QLD) Pty Ltd (BlueMount Capital), securing capital to complete the Sandvik Exploration acquisition. Continue reading
BlueMount IPO Services for US Companies
Introduction
Welcome to the IPO newsletter where we keep you up to date with interesting news about US companies and their ability to list internationally. Continue reading
BlueMount Capital Appointed as Corporate Advisor by Ozland Group Solutions
BlueMount Capital is pleased to advise that we have been appointed as Ozland Group Solution’s Corporate Advisor, assisting with executing their exciting growth and acquisition strategies. Continue reading
BlueMount Capital in the news: “Bangladesh: Could corporate Sukuk take off?” IFN 17th March 2021
“Bangladesh turns 50 this month, and in a fitting celebration, March 2021 also saw the country’s first corporate Sukuk announced: a US$250 million issuance from Deshbandhu Group (DGL) expected to mature in 2028. Following on from the government’s first debut sovereign Sukuk back in December 2020, the move is an encouraging one as the economy gathers steam. But with significant barriers remaining to a conducive issuing environment, can Bangladesh maintain its momentum? LAUREN MCAUGHTRY speaks to the lead arranger of the deal to learn more. Continue reading
Initial Public Offering (IPO) on the Australian Securities Exchange (ASX) Q&A Sheet
1. Are US companies welcome to list on the ASX?
ASX welcomes foreign companies including US companies to list. There are around 45 plus US companies listed on the ASX to date, with a pipeline of more companies especially in the technology space to come here every year.
2. What are the main requirements for listing on the ASX?
The Secret to a Successful IPO
There are many measures of success for initial public offerings (IPOs). First and foremost is completing the deal and raising the intended proceeds. From the perspective of remaining and new shareholders, however, the subsequent short-term trading performance is more often seen as the measure of a good IPO as opposed to a bad one.
For the board and management of the newly listed entity, their measure of success and their reputation will depend on how well the newly listed entity performs in the medium term and delivers on the investment proposition on which new shareholders based their investment decision. Continue reading
Capital Market Partners to Lead New USD250m Sukuk, First Bangladesh Corporate Sukuk In International Markets
BlueMount Capital (WA) Pty Ltd (“BlueMount”) and Bedford Row Capital PLC (“BRC”) will act as International Lead Manager and Structuring Agent respectively for a new US$250m Sukuk offering to be listed on the Frankfurt Stock Exchange.
BRC, a global non-bank structuring specialist, has been mandated by Al Waseelah PLC (“Issuer”) whilst BlueMount was appointed by Deshbandhu Group Limited (“DGL”) to lead the first Bangladeshi Corporate Sukuk to help DGL in their next growth phase. The Sukuk will finance the repayment of current outstanding debt and to invest in new technology and scaling up capacity of its group businesses. Continue reading