Macau Legend's HK$5.4bn IPO in doubt

By Andrew Griffin
21 Jun 2013

Casino owner Macau Legend Development may delay or shrink its IPO as difficult markets continue to take their toll on Hong Kong IPOs.

The casino operator had hoped to raise as much as HK$5.4bn ($697m) from the deal, which has an indicative range of HK$2.30-HK$2.98. Further information on the revision is expected next week, when the deal was set to price.

Citic Securities, CLSA, and Credit Suisse are bookrunners.

Hopewell Hong Kong Properties pulled its IPO on ...

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