Southeast Asian issuers push ahead with IPOs

OUE Hospitality Trust launches an offering of up to $481 million one day after SPH Reit hit the market, while Ranhill Energy and Resources leads a host of listing hopefuls in Malaysia and Puradelta Lestari starts to gauge the demand for Indonesia’s largest IPO this year.
<div style="text-align: left;">
Pipeline of deals should keep Southeast Asia busy during the summer
</div>
<div style="text-align: left;"> Pipeline of deals should keep Southeast Asia busy during the summer </div>

Even though equity markets in Asia have stabilised during the past two weeks, bankers say it will be difficult to bring sizeable initial public offerings in Hong Kong until September, as the investor appetite isn’t really there for untested deals with a long lead time.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media