AAG Energy gauges investor appetite for Hong Kong IPO

The Chinese natural gas producer starts investor education for its offering of up to $200 million as a wave of year-end IPO activity in the city continues.
<div style="text-align: left;">
AAG Energy is exploring colabed methane projects in China
</div>
<div style="text-align: left;"> AAG Energy is exploring colabed methane projects in China </div>

Bankers yesterday started investor education for the Hong Kong initial public offering of AAG Energy, a Chinese natural gas producer.

The company is expected to raise between $160 million and $200 million. The management roadshow is expected to start on December 5, and the listing is slated for December 20, according to a term sheet.

It has been a relatively busy couple of weeks for the Hong Kong IPO market as the year-end approaches. This week, PICC Group is set to price its high-profile H-share IPO of between $3 billion to $3.6 billion, which looks to be the biggest in the city this year.

...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team subscription (2-5 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at [email protected], or +(852) 2122 5222