Yongmao Singapore IPO priced at S$0.35/shr - source


SINGAPORE, Jan 25 (Reuters) - China-based crane manufacturer Yongmao Holdings Ltd. has priced its Singapore initial public offering at S$0.35 a share, a source told Reuters on Friday, raising a total of S$39 million ($28 million). The deal was priced below the S$0.36-S$0.40 indicative price range for the IPO, according to a term sheet obtained by Reuters. Yongmao, a unit of crane operator Tat Hong Holdings , is selling 111.6 million new shares in the IPO, representing about 25 percent of ...

Premium Content (PAID Subscription Required)

"Yongmao Singapore IPO priced at S$0.35/shr - source" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: lwilliamson@wardsauto.com or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×