Tag Archives: IPO

SINGAPORE/NEW DELHI: Reliance Communications has appointed another two banks for the upcoming $1 billion IPO of its undersea cable unit in what may be the biggest stock listing in Singapore this year, two sources said.  Standard Chartered and DBS Group Holdings will join Deutsche Bank as the main advisers in an initial public offering, which will help the debt-laden Indian …

The country’s biggest port builder sells 1.35 billion shares at Rmb5.4 each, the higher end of the price range. China Communications Construction (CCC), the country’s biggest port builder, raised Rmb5 billion ($793 million) on Thursday after offering shares at the top end of the indicated price range. The company had to cut the size of the offering by as much …

The specialist steelmaker will become the first company of size to list in Hong Kong this year. Chinese steelmaker Xiwang Special Steel has raised HK$1.33 billion ($171 million) from the first initial public offering of size in Hong Kong this year. Investors weren’t exactly rushing into the deal, though, and according to sources the stock was mainly bought by a …

India’s largest commodities exchange sets the price range for an initial offering of up to $134 million. The deal will kick off with the anchor tranche on Tuesday. Multi Commodity Exchange of India (MCX) yesterday said it aims to raise between Rs5.53 billion and Rs6.63 billion ($111 million to $134 million) from India’s first initial public offering this year. All …