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Petrolimex’ listing set for April 21, JX Nippon to get more shares

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Listing is taking place six years after its IPO.

Visual from Petrolimex website.
U.S. dollar notes are seen in this November 7, 2016 picture illustration. REUTERS/Dado Ruvic/Illustration
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India: D-Mart shares to list on bourses today

D-Mart parent Avenue Supermarts, which recently concluded its Rs 1,870-crore initial public offering (IPO), will list its shares on bourses on Tuesday. The D-Mart IPO, the biggest since PNB Housing Finance’s Rs3,000 crore offer in October last year, was subscribed more than 104 times earlier this month. Last year, Advanced… Read more »

Visual from Petrolimex website.
Vietnam: SATRA to tap IPO in 2017; Petrolimex plans listing

2017 appears to the year for state divestments and public issues in Vietnam. Among those stake sales, Saigon Trading Group, also known as SATRA, is said to go for an IPO in the second quarter, and petroleum trading major Petrolimex is contemplating a public listing in April. Saigon Trading Group… Read more »

Malaysia's Southern Economic Corridor, Iskandar Malaysia, in the Johor state.
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Photo: Mint
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Vietnam: Habeco, FPT units list; Govt to retain big stakes in state firms

While Vietnam has said it wants to push the privatisation of state-owned firms across sectors, latest announcements do not reflect the aggressiveness in selling big parts of stakes in major businesses, as no clear timeline has been given for the sale of companies like MobiFone and Binh Son Refinery and Petrochemical, nor a minor holding is determined for such businesses.

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