Wison Engineering eyes Hong Kong IPO

The Chinese engineering company is seeking to raise up to $300 million as the approaching year end is sparking a pick-up in IPO activity.
<div style="text-align: left;">
Wison Engineering Services focuses on the petrochemical industry
</div>
<div style="text-align: left;"> Wison Engineering Services focuses on the petrochemical industry </div>

Bankers started pre-marketing yesterday for a Hong Kong initial public offering of Wison Engineering Services. The Chinese company is seeking to raise about $200 million to $300 million.

The rest of the timetable, such as the start of the roadshow and the listing date, has not been confirmed yet. The bookrunners will discuss the next steps with the company after the pre-marketing, a source said.

The Wison Group, which is headquartered in Shanghai, has 11 member companies that span four major business sectors engineering services, offshore and marine, clean energy, and emerging businesses biopharmaceutical, according to the company’s website.

Wison Engineering Services focuses...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222