ESR Cayman delays $1.5bn IPO delivery

By Gina Lee
13 Jun 2019

ESR Cayman, which builds and leases warehouses, has pulled its float on the Hong Kong Stock Exchange, delaying the deal indefinitely.

The decision to delay the offering of 560.7m shares was taken “in light of the current market conditions”, the company said on Thursday. It did not say when it expects to resume the process.

Hong Kong markets endured a turbulent week with three days of demonstrations sparked by ...

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