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Equity IPOs

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  • JQ Pictures Holdings has completed a non-deal roadshow for its $100m IPO in Hong Kong and is preparing to open books in September.
  • State Bank of India is set to sell 80m shares in SBI Life Insurance Co’s IPO, which recently got the go-ahead from the industry regulator, according to an exchange filing.
  • Arena Events, the UK supplier of temporary structures to festivals and sporting events such as Wimbledon and Glastonbury, is preparing to go public on London’s Alternative Investment Market (AIM).
  • Abu Dhabi National Oil Co (Adnoc), the upstream, midstream and downstream oil company owned by the government of the United Arab Emirates, is considering floating minority stakes in some of its services businesses.
  • NetLink Trust has priced Singapore’s largest listing in five years, raising S$2.3bn ($1.7bn) from a well covered book after global yield-focused investors piled in.
  • Road King Infrastructure is hoping to revive the spin-off and IPO of its toll road subsidiary in the fourth quarter of this year.