Oil IPO raises US$410 million

Honghua Group, the largest onshore oil rig manufacturer in China, raised US$410 million from its Hong Kong IPO and Rule 144A / Regulation S global offering.…

1 minute readApril 01, 2008 at 12:58 AM

clpstaff

Honghua Group, the largest onshore oil rig manufacturer in China , raised US$410 million from its Hong Kong IPO and Rule 144A / Regulation S global offering. The oil maker sold 25% of its enlarged share capital.

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