ESR Cayman, which develops and manages warehouses for e-commerce companies, has restarted its Hong Kong initial public offering after shelving the deal in June, Reuters reported on Oct. 21, citing a term sheet it was shown.
The company is looking to sell about 654 million shares and raise between $1.35 billion and $1.45 billion from the offering, according to the report. Shares are being marketed at an indicative range of HK$16.2 to HK$17.4 each, which would give ESR a market capitalisation of $6.3 billion to $6.7 billion.
Canadian pension fund OMERS Administration Corporation has committed $585 million as a cornerstone investor, based on the mid-point of the price range, according to the term sheet.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut: