âś…Spratly Islands: Claimed by China, Vietnam, the Philippines, Malaysia, and Brunei, this archipelago is a hotspot for conflict. The dispute involves competing claims over islands, reefs, and waters.
âś…Paracel Islands: Disputed mainly between China and Vietnam, this group of islands has seen past conflicts and remains a contentious area.
✅Scarborough Shoal: Claimed by China and the Philippines, tensions have risen since China’s takeover in 2012.
✅China’s “Nine-Dash Line” claim overlaps with the maritime territories of other nations, complicating the dispute and leading to regional instability.
âś…Spratly Islands: Claimed by China, Vietnam, the Philippines, Malaysia, and Brunei, this archipelago is a hotspot for conflict. The dispute involves competing claims over islands, reefs, and waters.
âś…Paracel Islands: Disputed mainly between China and Vietnam, this group of islands has seen past conflicts and remains a contentious area.
✅Scarborough Shoal: Claimed by China and the Philippines, tensions have risen since China’s takeover in 2012.
✅China’s “Nine-Dash Line” claim overlaps with the maritime territories of other nations, complicating the dispute and leading to regional instability.
Telegram hopes to raise $1bn with a convertible bond private placement
The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.
