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BILLIONAIRES Li Ka-shing, Robert Kuok and Tan Sri Quek Leng Chan, along with savvy investor Paul Poh will make up an all-star list of shareholders in an upcoming flotation of Indonesian oil and gas producer Samudra Energy Ltd on the Singapore Stock Exchange (SGX).
SYDNEY: Australian food firm Goodman Fielder has rejected a US$1.2bil (RM3.96bil) takeover bid from Wilmar International Ltd and a Hong Kong-listed investment management firm as too low, but expectations are high that the parties will keep talking.
PETALING JAYA: PACC Offshore Services Holdings Ltd (POSH), an offshore support vessel (OSV) operator owned by Malaysian billionaire Robert Kuok (pic), will raise at least S$388.27mil (RM1.01bil) from its initial public offering (IPO) on the Singapore Exchange next Friday.
KUALA LUMPUR: PACC Offshore Services Holdings Ltd, which is controlled by Robert Kuok, expects to raise about S$388.3mil from its initial public offer on the Singapore Exchange.
SINGAPORE: Singapore-listed Ezion Holdings Ltd, which supplies support vessels for offshore oil fields, said it planned to sell shares to two firms in Malaysia’s Hong Leong Group, raising US$155mil (RM508.4mil) to help expand its fleet.
PETALING JAYA: Malaysian Bulk Carriers Bhd’s (Maybulk) 21.23%-owned associate PACC Offshore Services Holdings (POSH), which is headed for a listing in Singapore by the end of the month, plans to actively expand its fleet to include deepwater accommodation vessels and break into new markets such as Latin America.
SINGAPORE: PACC Offshore Services Holdings (POSH) has launched the bookrunning process for a Singapore IPO that could raise up to US$380mil – a boost to the city-state's stock market which has seen just one other major main board listing so far this year.
SINGAPORE: PACC Offshore Services Holdings (POSH)is looking to raise between US$304mil and US$334mil in a Singapore listing, according to a term sheet seen by Reuters.