BEIJING: China Youran Dairy Group Ltd, a Chinese dairy product maker, and its shareholder, private equity firm PAG, are seeking to raise as much as HK$6.2 billion (US$799mil or RM3.2bil) in a Hong Kong initial public offering (IPO).
The company and funds managed by PAG are selling 715.4 million shares at HK$6.98 (RM3.71) to HK$8.66 (RM4.61) each, according to the prospectus.
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!