It plans to price the IPO on June 21
Macau Legend gears for Hong Kong IPO
(Macau).- Macau Legend Development has kicked off pre-marketing for its planned approximately us$ 600 million Hong Kong initial public offering, Reuters reports. The news agency says it saw a term sheet for the offer this week.
2013-05-28
Reading time 21 seg
(Macau).- Macau Legend Development has kicked off pre-marketing for its planned approximately us$ 600 million Hong Kong initial public offering, Reuters reports. The news agency says it saw a term sheet for the offer this week.
Reuters reports that Macau Legend plans to price the IPO on June 21, with the listing scheduled for June 27. Brokerage firm CLSA Asia-Pacific Markets is arranging the offer.
The company is controlled by businessman David Chow Kam Fai and is a result of a merger between Landmark Macau, Pharaoh’s Palace Casino and Macau Fisherman’s Wharf.
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