Bankers started pre-marketing yesterday for a Hong Kong initial public offering of Wison Engineering Services. The Chinese company is seeking to raise about $200 million to $300 million.
The rest of the timetable, such as the start of the roadshow and the listing date, has not been confirmed yet. The bookrunners will discuss the next steps with the company after the pre-marketing, a source said.
The Wison Group, which is headquartered in Shanghai, has 11 member companies that span four major business sectors engineering services, offshore and marine, clean energy, and emerging businesses biopharmaceutical, according to the company’s website.
Wison Engineering Services focuses...
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