Bursa Alert
Global Market
NewsGuan Chong maintains plans for secondary listing in Singapore (5102)
Page 1 of 1
Guan Chong maintains plans for secondary listing in Singapore (5102)
by hlk Fri 13 Jul 2012, 19:43
KUALA LUMPUR: Guan Chong Bhd
is still going ahead with the proposed secondary listing on the
Singapore Exchange, dismissing a wire report on Friday that it might
scrap the plan.
The company said t had undertaken investor
roadshows to target not only institutional investors but also potential
strategic investors with long-term view.
The share sale of up to
62.0 million shares would be 18% of Guan Chong's enlarged share capital
of 350.7 million upon completion of its listing exercise. The shares
would also be offered to Singapore public investors.
A news wire
report said Guan Chong's public offering in Singapore of up to 62.0
million shares would be scrapped if a significant stake was sold to
another company prior to the corporate exercise.
is still going ahead with the proposed secondary listing on the
Singapore Exchange, dismissing a wire report on Friday that it might
scrap the plan.
The company said t had undertaken investor
roadshows to target not only institutional investors but also potential
strategic investors with long-term view.
The share sale of up to
62.0 million shares would be 18% of Guan Chong's enlarged share capital
of 350.7 million upon completion of its listing exercise. The shares
would also be offered to Singapore public investors.
A news wire
report said Guan Chong's public offering in Singapore of up to 62.0
million shares would be scrapped if a significant stake was sold to
another company prior to the corporate exercise.
hlk- Moderator
- Posts : 19013 Credits : 45112 Reputation : 1120
Join date : 2009-11-14
Location : Malaysia
Similar topics» Guan Chong gets shareholder nod for secondary listing in singapore (5102)
» Guan Chong said approached by suitors (5102)
» S’pore first, then Sports Toto Trust plans secondary listing on Bursa M'sia
» Fitters plans Singapore listing for renewable energy unit
» Stocks With Momentum Kim Loong, Teck Guan, Guan Chong, Voir, Denko, Cycle & Carriage
» Guan Chong said approached by suitors (5102)
» S’pore first, then Sports Toto Trust plans secondary listing on Bursa M'sia
» Fitters plans Singapore listing for renewable energy unit
» Stocks With Momentum Kim Loong, Teck Guan, Guan Chong, Voir, Denko, Cycle & Carriage
Page 1 of 1
Permissions in this forum:
You cannot reply to topics in this forum|
|
|