Langham Hospitality to offer IPO in Hong Kong. Langham Hospitality Investments, a trust fund supported by Great Eagle Holdings Ltd hotels, is projecting revenues as high as US$700 million when it undertakes its initial public offering in Hong Kong.
Tags: IPO
Sinopec Kantons IPO Plan Submitted
Sinopec Kantons, a division of state owned Sinopec, is planning an IPO. The logistics and trading unit of Sinopec, Sinopec Kantons Holdings, is planning to raise US$353 million through a stock offer.
ING Prices IPO for American Arm below Forecast Prices
ING priced IPO below price range set but sold more shares at offer. The American subsidiary of Dutch Financial Services firm ING Group had priced its initial public offering at US$19.
Z Energy Ltd to Open for IPO
Z Energy Ltd open for IPO in New Zealand. Z Energy Ltd's owners, a gas station conglomerate that provides one third of all of New Zealand's fuel needs, has appointed a number of banking institutions for the possible sale of as much as 60% of the company on the public bourse.
Veeva System to do IPO
Veeva System to list IPO with the help of Morgan Stanley and Deutsche Bank AG. Software company, Veeva Systems, is planning to undertake an initial public offer of its shares.
Latest News
Virtus Health backed up by buyout firm Quadrant is readying for its IPO in the Australian market. Virtus Health, backed by private equity firm Quadrant, launches its Australian initial public offer of shares.
VTB IPO worth US$3.3 billion snapped up by sovereign wealth funds in Azerbaijan, Norway and Qatar. VTB, the second largest financial institution in Russia, has announced that subscribers have bought the entirety of its 102.
IPO is the next best option as five banks find it difficult to find buyers for their businesses. Five British banks would be looking to float their stocks in the market.
Quintiles set for IPO worth an estimated at US$748.6 million. The largest service provider of testing services to pharmaceutical companies, Quintiles Transnational Holdings is expecting to price its shares between US$36 and US$40 for its public listing.
Petromoc is mulling on IPO options as to venue and value. The Mozambique state owned distributor of petroleum products, Petroleos de Mocambique SA, is in the process of reviewing the possibility of an initial public offer of its shares either in South Africa or Europe.
PT Mitra Pinasthika Mustika, which is owned by Saratoga Investama Sedaya holds IPOs for its firms. Automotive distribution conglomerate PT Mitra Pinasthika Mustika of Indonesia is planning to raise about 2 trillion rupiah or US$206 million through an initial public offering in May.
Pegasus Airline, Turkey's low cost air carrier, raises nearly 1.93 billion lira or US$1.07 billion in its IPO.
Banco do Brasil SA's BB Seguridade Participacoes SA IPO is estimated to be worth of US$4.2 billion.
In a surprising move, Ramky Enviro has suspended the scheduled IPO citing 'tepid market conditions.'
