Sunshine Oilsands starts mining for IPO demand
Canada’s Sunshine Oilsands launched the management roadshow for an up-to HK$4.69bn ($605.86m) IPO on Wednesday. The company is offering shares for between HK$4.86 and HK$5.08 each.
The company plans to price the deal after 10 days on the road but bankers away from the listing were still surprised that the deal was going ahead, after it was postponed last week. They warned that several investors would be unable to buy the stock.
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