By Antonia Timmerman
Indonesian property developer HK Realtindo has delayed its planned IPO following a government’s scheme to set up holdings for state-owned enterprises. HK Realtindo is a subsidiary of state-owned Hutama Karya, which is most likely to be appointed as holding firm for all state-owned construction companies. “The state-owned ministry now wants… Read more »
BSE’s IPO comes ahead of a share issue by larger rival NSE.
The IPO is likely to take place in the second quarter or later in the year.
The trust also secured commitments of S$25 million in aggregate from two cornerstone investors
The intended deal is part of PV Oil’s plan to offload 49% before its IPO.
The firms are currently holding international roadshows to market their IPOs,
The framework will take effect on March 20 this year.
The Beijing-based movie producer and distributor aims to go public in the first half of this year.
Philippines has a mere 266 companies that are listed
Listing will help meet the divestment targets of the government.