Within the IPO market
ELOA INVEST is currently involved in several Initial Public Offerings (IPOs) or secondary offering deals in various sectors namely, real estate, banking, energy, utilities and infrastructure for Asian or Asia related blue-chips companies in HK, Shanghai, Korea and the USA.
ELOA INVEST is now targeting Chinese State Owned Enterprises’ IPO within Shanghai (A-Shares) and Hong-Kong (H-Shares) and several IPOs in India. We clearly see a delay within this last market (compare to China’s one) and expect it to expand very fast in the course of 2008/2009. Thus, ELOA INVEST is already focusing on the second Asian giant as significant returns are expected over the next years.
Private equity deals
ELOA INVEST is currently working on structuring various private-equity deals in China, Vietnam and Korea in strategic markets like real-estate, infrastructure and energy. On a case by case basis, ELOA INVEST invests its own capital and/or raises debt/equity, participates in the management and development of the project, and structures a financial exit.
Some examples:
- Suzhou, China : a luxurious development building project for 450.000m2 of offices, apartments, commercial center and hotel. Ownership : private
- Shanghai, the Bund, China : a luxurious development building project for 300.000m2 of offices, apartments, commercial center and hotel. Ownership : government
- Ho Chi Minh City, Vietnam : bidding for a government high-end site of 8.000m2 in downtown HCMC
- Phu Quoc Island, Vietnam : solar energy project to modernize the energy facilities on the island.