Home THE DAILY EDGE Business Palm oil firm Mewah to raise up to $448m in Singapore IPO
Palm oil firm Mewah to raise up to $448m in Singapore IPO

Tags: BNP Paribas | Credit Suisse | Mewah International

Written by Reuters   
Friday, 29 October 2010 17:20
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Palm oil refiner Mewah International, which filed an IPO prospectus on Friday, is looking to raise as much as $449 million in its Singapore initial public offering.

The company plans to sell up to 289.5 million shares to investors, including a 37.8 million primary share greenshoe option, at $1.25 to $1.55 each, according to IFR Asia.
 
Credit Suisse (CSGN.VX) is sole global coordinator, joint bookrunner and underwriter. BNP Paribas (BNPP.PA) is joint bookrunner and underwriter.
 
The firm filed a preliminary prospectus on Friday with the Monetary Authority of Singapore to list its shares in Singapore.
 
 
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Last Updated on Friday, 29 October 2010 17:31