https://www.scmp.com/rss/231276/feed Franshion, a unit of state-owned Sinochem Group, has quality grade-A office buildings in prime locations in Beijing and Shanghai, including Jinmao Tower in Shanghai. It listed in Hong Kong in 2007. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Listing candidate Franshion Properties (China), a property unit of state-owned Sinochem Group, aims to almost double the proportion of its investment properties to up to 70 per cent to achieve a more balanced revenue profile. The developer, which will launch its HK$3.316 billion initial public offering to Hong Kong punters today, plans to use the IPO proceeds to fund acquisitions of commercial buildings from its parent and the development of its property projects. 'Investment properties... https://www.scmp.com/article/603136/franshion-targets-investment-assets?utm_source=rss_feed https://www.scmp.com/article/603136/franshion-targets-investment-assets?utm_source=rss_feed Sun, 05 Aug 2007 16:00:00 +0000 Franshion Properties (China), a property unit of state-owned Sinochem Group, has allotted 27.6 per cent of the shares available in its US$334 million initial public offering to three cornerstone investors, according to a sale document obtained by fund managers. New World Development chairman Cheng Yu-tung, through his privately owned Chow Tai Fook Nominees and his mainland property flagship New World China Land, Singapore government investment arm GIC and hedge fund Stark Investments have... https://www.scmp.com/article/602433/key-backers-buy-franshion?utm_source=rss_feed https://www.scmp.com/article/602433/key-backers-buy-franshion?utm_source=rss_feed Mon, 30 Jul 2007 16:00:00 +0000 Developer Franshion Properties (China) received approval from the Hong Kong stock exchange last week for its planned initial public offering of up to US$500 million next month, sources said. The Shanghai-based listing hopeful planned to sell new shares amounting to 30 per cent of its enlarged share capital to fund existing projects and replenish its land bank, sources said. The company started investor relations yesterday. The roadshow will take place between July 30 and August 9. Final... https://www.scmp.com/article/601586/franshion-wins-approval-hong-kong-ipo?utm_source=rss_feed https://www.scmp.com/article/601586/franshion-wins-approval-hong-kong-ipo?utm_source=rss_feed Mon, 23 Jul 2007 16:00:00 +0000 Sinochem Corp, one of the mainland's four major state-owned oil companies, would like to scrap the planned listing of China Jinmao Group, which owns Shanghai's tallest building, and instead opt for an initial public offering for its other real estate arm, Franshion Properties (China), sources said. Franshion, wholly-owned by Sinochem, is seeking to raise up to US$500 million from a Hong Kong public offering as soon as next month, sources said. Deutsche Bank and DBS Vickers have been hired... https://www.scmp.com/article/600720/sinochem-seeks-franshion-ipo-place-jinmao?utm_source=rss_feed https://www.scmp.com/article/600720/sinochem-seeks-franshion-ipo-place-jinmao?utm_source=rss_feed Sun, 15 Jul 2007 16:00:00 +0000