Summit Power sets ball rolling for Singapore IPO

India power plant_230px
By Jonathan Breen
01 Mar 2018

Bangladesh's independent power producer Summit Power launched pre-marketing this week for a ground-breaking Singapore IPO. It will be only the second international listing by a Bangladeshi company.

Investor education began on Monday and will continue until March 9, said a source close to the deal.

On March 12, the company's management will hit the road with lead underwriters Citi, DBS and UBS, alongside co-leads CIMB and Citic CLSA, to build a book for the IPO.

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