Aesthetic Medical sets terms for public float
Aesthetic Medical International Holdings, a Chinese aesthetic medical services provider, has announced terms for its US initial public offering (IPO). The Shenzhen-based company plans to offer 2.5 million American Depositary Shares (ADSs), each representing three of the company’s ordinary shares, at a price range of $11-$13, said its latest prospectus. The beauty treatment provider has applied to list the ADSs on the Nasdaq Global Market under the symbol “AIH.” Cantor Fitzgerald, Haitong International and Prime Number Capital are the joint bookrunners on the deal. would be up for sale at the end of the year as its founders are seeking liquidity in the investment, Glycom CEO Odd Erik Hansen said on Wednesday. “Some journalists have picked up the story, so there is no point denying it,” Hansen said. Investors were attracted by Glycom’s performance in the infant formula market place. Meantime, Glycom is also providing the HMO ingredient for use in the treatment of irritable bowel syndrome suffered by around 12 percent adults worldwide, Hansen added. Google unveiled its latest family of hardware ranging from smartphones, ear buds to laptops at a major product launch event in New York on Tuesday, with its new Pixel 4 phone featuring facial recognition and radar detection technologies. Google’s next-generation Pixel 4 comes with a 5.7-inch display and a 2,800 mAh battery, which is running on the Snapdragon 855 chipset with 6GB of RAM. The company’s flagship Android phone is equipped with some experimental technologies such as “Soli” radar chips capable of detecting motion that help users to control the phone without even touching the screen. months to September on the ongoing campaign to boycott Japanese products, a government report showed on Thursday. The sale of imported Japanese vehicles tumbled 59.8 percent in September from a year earlier, after dropping 56.9 percent in the previous month, according to the Ministry of Trade, Industry and Energy. It came as consumers boycotted Japanese products following Japan’s tighter control in July over its export to South Korea of three materials vital to produce memory chips and display panels, the mainstay of the South Korean export. India’s exports and imports showed a decline by 6.57 percent and 13.9 percent during September 2019, according to the latest trade data released by the Ministry of Commerce and Industry. The country’s exports stood at $26 billion, while imports totaled $36.9 billion during the previous month. These are being described as the steepest decline in both exports and imports in the past three years. The data suggested that out of the 30 major items exported or imported, 22 export items and 25 import items saw contraction during September, owing to overall decline in consumption demand. Indonesia and South Korea announced on Wednesday the conclusion of talks on a bilateral trade deal between the two countries. It was announced by Indonesian Trade Minister Enggartiasto Lukita and his South Korean counterpart Yoo Myung-Hee. The two signed a document marking the conclusion of the talks. “Should this agreement take into effect next year, Indonesia may see a 20 percent trade growth with South Korea next year compared with last year,” Lukita said on the sidelines of the document signing.