Casino owner Macau Legend relaunches reduced HK IPO as markets drop

Newswire

HONG KONG, June 26 (Reuters) - Casino owner Macau Legend Development Ltd relaunched on Wednesday its Hong Kong initial public offering, slashing the deal by more than half because of weaker than expected demand caused by volatile global markets. The company, which owns the Macau Fisherman's Wharf development, is now seeking to raise up to $360 million by selling 934.83 million new shares, according to a supplementary prospectus filed by the company. The primary ...

REGISTER NOW

To access this content simply register below now.
Registering is easy and allows you to:

  • Access all WardsAuto.com public content and newswire stories
  • Participate in forums
  • Comment on articles
  • Sign up for e-newsletters
  • And much more!
     

Already registered? here.
Connect With Us

Sponsored Introduction Continue on to (or wait seconds) ×