| 일 | 월 | 화 | 수 | 목 | 금 | 토 |
|---|---|---|---|---|---|---|
| 1 | 2 | 3 | 4 | 5 | 6 | 7 |
| 8 | 9 | 10 | 11 | 12 | 13 | 14 |
| 15 | 16 | 17 | 18 | 19 | 20 | 21 |
| 22 | 23 | 24 | 25 | 26 | 27 | 28 |
| 29 | 30 | 31 |
- Japan
- Confidential Agreement
- hong kong
- capital gate
- private equity
- CA
- buyout
- nda
- securities
- Korea M&A
- Investment
- case study
- PEF
- Acquistion
- China
- Korea
- LOI
- M&A
- Japan Tobacco
- Merger
- LOTTE
- Letter of intent
- acquisition
- China Construction Bank
- sk
- Bank
- cgi korea
- OTCBB
- taiwan
- Malaysia
- Today
- Total
Korea M&A Corporation
China Zijin Mining prices Shanghai IPO at premium 본문
SHANGHAI, April 14 (Reuters) - Zijin Mining Group (2899.HK: Quote, Profile, Research), China's second biggest gold miner, has set the indicative price range for its Shanghai IPO at 6.88 to 7.13 yuan per share, two sources familiar with the offer said on Monday.
That means the company's local currency A shares will be sold in Shanghai at a premium of between 2.7 and 6.4 percent to Monday's HK$7.46 close of its Hong Kong-listed H shares.
It is extremely rare for a company conducting an initial public offer in mainland China to price its A shares more expensively than its H shares. Most Shanghai IPOs are priced at small discounts, ensuring the A shares will rise upon listing.
Zijin plans to issue as many as 1.5 billion new local currency A shares, or 10.2 percent of its enlarged share capital, to fund expansion projects that mainly involve mining and processing of gold and copper.
The company will take subscriptions to its offer on Tuesday and Wednesday. It is expected to announce the IPO price range publicly late on Monday.
The sources declined to be identified because they were not authorised to speak to media. ($1 = 7.00 yuan)