China Jinjiang Environment launches IPO for Mainboard listing

SINGAPORE (July 27): China waste-to-energy operator China Jinjiang Environment Holding Company has launched its initial public offering (IPO) on Monday for a listing on the Mainboard of the Singapore Exchange.

The company is offering around 92.4 million new shares at 90 cents each, comprising an international placement tranche of about 87.8 million shares and a public offer of about 4.6 million shares.

In addition, the company has also granted an over-allotment option to purchase up to an aggregate of about 13.9 million shares at 90 cents each.

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