International edition
July 27, 2021

The possible change in plans is connected with the volatile market conditions

Melco Crown considers listing by introduction

(Macau).- Melco Crown Entertainment is considering listing on the Hong Kong Stock Exchange by way of introduction, instead of selling new stock, International Financing Review (IFR) has reported.

T

he possible change in plans is connected with the volatile market conditions, sources with direct knowledge of the deal told IFR, a Thomson Reuters publication.

That would mean the company would cancel a plan to sell at least us$ 300 million new shares in Hong Kong. The company aims to start trading in Hong Kong in early November, sources told Bloomberg. Listing by introduction involves the transfer of existing shares from overseas.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook