Petro-king eyes Hong Kong IPO of about $100 million

With the Lunar New Year holidays out of the way, China’s Petro-king joins Xinchen China Power in starting to gauge the investor appetite for Hong Kong listings.
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A Petro-king fracking truck
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<div style="text-align: left;"> A Petro-king fracking truck </div>

Bankers started pre-marketing yesterday for an initial public offering of Termbray Petro-king Oilfield Services, which is aiming to raise about $100 million, sources said.

¬ Haymarket Media Limited. All rights reserved.

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