16 September 2019

Tianhe Chemicals to list in London by March 2014, HKEJ says

Tianhe Chemicals Group has chosen London over Hong Kong for its planned listing, the Hong Kong Economic Journal reported Monday. The Liaoning-based company plans to raise US$1 billion, equivalent to 13 percent of all proceeds from Hong Kong listings during the first three quarters, the report said. The lubricants maker is eyeing a March 2014 debut on the London Stock Exchange. JP Morgan Cazenove and Morgan Stanley are advisers for the fundraising, the report said.

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