Resourcehouse delays IPO

Resourcehouse delays retail offering, pushes back listing date

The Australian company, which is developing coal and iron ore mines in cooperation with several Chinese SOEs, is seeking to raise up to $3.6 billion from its Hong Kong listing.

Australia-based greenfield coal and iron ore miner Resourcehouse, which has been on the road marketing its $3.3 billion to $3.6 billion initial public offering since May 17, has postponed the launch of the retail tranche for a few days as it “requires additional time for certain commercial arrangement" [sic], the company said in an announcement filed with the Hong Kong stock exchange last night.

¬ Haymarket Media Limited. All rights reserved.

Sign In to Your Account To Access Exclusive FinanceAsia Content!

Please sign in to your subscription to unlock full access to our premium FA resources.

Free Registration & 7-Day Trial
Register now to enjoy a 7-day free trial - no registration fees required. Click the link to get started.

Note: This free trial is a one-time offer.

Questions?
If you have any enquiries or would like a quote for a team or company licence, please contact us at [email protected]. Our subscription team will be happy to assist you.

Share our publication on social media
Share our publication on social media