Andy Suein shelves listing plans due to deteriorating market conditions
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Last Update: 2020-07-02
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Source: Internet
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Author: User
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Andesu announced that it had decided not to proceed with a global offering in view of the deteriorating market conditions and the continued volatility of the market, taking into account the best interests of investorsAndesu (01095) issued a statement on November 25 that the Company and the selling shareholders, in consultation with the Joint Global Coordinator, decided not to proceed with the global offering in view of the deteriorating market conditions and the continued volatility of the market, taking into account the best interests of investorsAndesu's proposed listing raised HK$80.52-12.079 billion, which was originally scheduled to be listed on the 30th of this month, with the sponsors being Bank of Germany, Morgan Stanley and financial advisers for China Chemical Finance and The Blackstone GroupAndessou announced that it had decided not to proceed with a global offering in view of the deteriorating market and the continued volatility of the market, taking into account the best interests of investorsAndesu (01095) issued a statement on November 25 that the Company and the selling shareholders, in consultation with the Joint Global Coordinator, decided not to proceed with the global offering in view of the deteriorating market conditions and the continued volatility of the market, taking into account the best interests of investorsAndesu's proposed listing raised HK$80.52-12.079 billion, which was originally scheduled to be listed on the 30th of this month, with the sponsors being Bank of Germany, Morgan Stanley and financial advisers for China Chemical Finance and The Blackstone Group(Name)
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