HONG KONG: Las Vegas casino company Wynn Resorts priced its Asian IPO at the top of its indicated range, a sign that demand is still strong for certain offerings despite a glut of stock deals in and around Hong Kong.
Wynn Macau sold 1.5 billion Hong Kong-listed shares at HK$10.08 each to raise US$1.63bil, according to sources, who had direct knowledge of the deal but were not authorised to speak publicly about it.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
