26.11.2010 • NewsHong KongIPOCellulose

Sateri Holdings Says $600 Million Hong Kong IPO on Track

Sateri Holdings, a speciality cellulose maker, is pushing ahead with its Hong Kong stock market listing plan, the company said on Thursday.

Sateri, controlled by Indonesian tycoon Sukanto Tanoto and his family, plans to raise up to $600 million by selling 505.33 million shares in a range of HK$6.60 to HK$9.20 each.

Two Hong Kong IPOs worth more than $3 billion were pulled on Wednesday after stock markets around the world took a beating because of tensions in Korea and Ireland's debt problems.

Interview

Stability in Motion
Strategic Response to a Shifting Pharma Landscape

Stability in Motion

Stefan Oelrich, Member of the Board of Management and President Pharmaceuticals, Bayer, discusses navigating external volatility, reshaping its internal structures, and investing in future-ready capabilities to ensure sustainable growth.

Innovation Pitch

The Start-up Platform for Chemistry & Life Sciences
Discover Tomorrow’s Innovators

The Start-up Platform for Chemistry & Life Sciences

CHEManager Innovation Pitch supports innovation in the chemistry and life sciences start-up scene. The platform allows founders, young entrepreneurs, and start-ups to present their companies to the industry.

most read