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Book to open on Monday, close on Thursday in latest express IPO
A handful of large new listings have emerged from South Africa, Kenya and Angola and more are set to follow
Submarine mast maker's IPO raised €132.8m
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Rici Healthcare Holdings, which delayed bookbuilding for its $200m IPO in Hong Kong due to Brexit, plans to make a comeback at the end of September or early October, said sources. -
Postal Savings Bank of China is set to kick off investor education for its $8bn IPO after the Hong Kong Stock Exchange approved its plan on Thursday.
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Local outfit Myanmar Citizens Bank officially floated its shares on the Yangon Stock Exchange on Friday, the third ever listing on the YSX.
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Bank of Communications Co is moving ahead with the IPO of its investment banking subsidiary BoCom International in Hong Kong, after its board approved the planned $300m listing.
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The Indian government has reissued a request for proposals to manage divestments in 51 companies held by its holding company after an initial RFP flagged up problems with conflicts of interest. But with the hitches now fixed, equity capital market bankers are predicting increasing interest from bidders, writes Jonathan Breen.
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India’s largest bourse, the National Stock Exchange, has moved a step closer to an IPO, naming four firms as joint global co-ordinators for its domestic listing.
