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Results 1 - 10 of 14 for honghua

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  1. Honghua share sale raises HK$3.19b

    Posted Mar 01st 2008, 12:00am by Staff Reporter

    ... Honghua Group, the world's second-largest maker of onshore oil and gas drilling rigs, raised HK$3.19 billion from its listing in Hong Kong after pricing its shares at the middle ... investors ordered about 10 times and 29 times, respectively, the shares initially reserved for them, the sources said. Honghua is expected to start trading on March 7, making it the second new ...

  2. Honghua to seek HK$3b in March IPO

    Posted Jan 22nd 2008, 12:00am by Staff Reporter

    ... Honghua Group, a Sichuan-based manufacturer of petroleum drilling rigs, hopes to raise at least HK$3 billion through an initial public offering in early March to fund its expansion plans, ... the time and was subject to market sentiment. 'Honghua is well established and has an urgent need for fresh capital. It will wait for the best timing with a fair valuation for its first ...

  3. Honghua to revive HK$3b share sale

    Posted Feb 18th 2008, 12:00am by Eric Ng

    ... Eric Ng Rig maker's move may trigger relaunch of postponed deals Honghua Group, the world's second-largest producer of onshore oil and gas drilling rigs and the mainland's ... Tang Sing-hing, an associate director at Tung Tai Securities. About 10 offerings have been postponed this year, including those from Honghua, SJM Holdings, China Railway Construction Group ...

  4. Honghua targets US$350m from Hong Kong share sale

    Posted Feb 02nd 2007, 12:00am by Nevin Nie

    ... Tim LeeMaster and Nevin Nie Honghua, a Sichuan-based oil-rig maker, plans to raise up to US$350 million from an initial public offering in Hong Kong this year, sources said. The company is the second-largest oil-rig maker in the mainland, according to its website. United States buyout fund Carlyle was a shareholder, sources said. Honghua could not be reached for comment. 'There's ...

  5. Drill gear maker eyes HK$2.5b IPO

    Posted Apr 25th 2008, 12:00am by Staff Reporter

    ... peer, Honghua Group, which manufactures petroleum drilling rigs, has fallen 25.6 per cent below its initial offering price of HK$3.83 since its trading debut on March 7. Honghua raised HK$3.2 ... 'Investors usually want as much downside protection as possible in case the market takes another big slump.' Honghua is trading at 17.27 times last year's earnings and the valuation ...

  6. CRCC raises HK$18.2b after pricing shares at top end

    Posted Mar 07th 2008, 12:00am by Staff Reporter

    ... shares of mainland oil-rig maker Honghua Group will start trading today after they gained 10.7 per cent in the pre-trading session yesterday. Honghua closed at HK$4.24, compared with its offer price of HK$3.83, according to PhillipMart, an automated electronic platform for pre-listing shares. The company raised HK$3.75 billion. Honghua's debut will be the first initial public ...

  7. In Brief

    Posted May 28th 2008, 12:00am by Staff Reporter

    ... as HK$16 million rental income from its J Senses in Wan Chai. Jasmine Wang Honghua, CNOOC agree to technology, business exchange Honghua Group said it had entered an agreement with China National Offshore Oil Corp, parent of China Ocean Oilfields Services, for technology and business exchanges. Honghua will support CNOOC in technology for offshore equipment in return for expertise ...

  8. Firms under pressure to shelve or scale back IPOs amid sell-down

    Posted Jan 23rd 2008, 12:00am by Staff Reporter

    ... HongHua Group Feb 13 HK$3b Pushed back to Lunar New Year SJM Holdings Postponed US$1b No new timetable ...

  9. Results

    Posted Sep 15th 2008, 12:00am by Staff Reporter

    ... Tomorrow Interim: Beijing Development (Hong Kong), Beijing Enterprises Water Group, China Golden Development Holdings, China Sunshine Paper Holdings, Coslight Technology International Group, Global Bio-chem Technology Group, Global Sweeteners Holdings, Great Eagle Holdings, High Fashion International, Honghua Group, Kam Hing International Holdings, Kee Shing (Holdings), Lerado ...

  10. Chenming Paper wins H-share sale nod in bid for market first

    Posted Feb 27th 2008, 12:00am by Staff Reporter

    ... in 10 years as more than eight companies pulled their offerings before the Lunar New Year. Honghua Group, a mainland oil-rig maker now proceeding with an offering that could raise more than ...




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