By Paulina Duran
The consortium is offering shares in the company at a price range of A$13.60 to A$15.80.
StoneCo IPO has also drawn interest from Warren Buffett’s Berkshire Hathaway Inc.
The company will offer a maximum of 1.8 billion A-shares, less than the 2.3 billion earlier approved by the Chinese securities regulator.
While the stock market remains the playground for traditional industries, local watchdogs are studying the formation of a stock exchange for tech startups.
Coronado decided to list in Australia after a string of bankruptcies soured U.S. investor appetite for coal.
This is the second time that Melco has withdrawn its application to delist the unit, amid minority shareholder opposition to the proposed price.
Niu had been marketing a sale of 8.3 million shares at $9 to $10 apiece, after initially offering them at $10.50 to $12.50 each.
TPG Capital, Starwood Capital, Walton Street Capital and Tata Capital, which hold a combined 58% stake in Shriram Properties, will partly monetize their shares in the proposed IPO.
China’s securities regulator unveiled a series of measures to aid the country’s struggling stock market.
Charoen Sirivadhanabhakdi’s TCC Group aims to list its Asset World Corp. unit in Bangkok next year.