Archive for the 'IPOs' Category



For a While, No More IPOs in China…

Saturday 11 October 2008 @ 9:04 pm

China Briefing News and The Edge Daily both reported on Friday that the China Securities Regulatory Commission has stopped looking at IPO applications in an effort to boost stock prices. The move is…




Kunda Technology Floats IPO in Singapore

Saturday 4 October 2008 @ 6:35 am

Shenzhen-based Kunda Technology has announced an IPO on Singapore 's stock exchange. The IPO share price is 21.5 cents. The new shares will represent about 21 percent of Kunda Technology's…




Gushan Environmental Plans NYSE IPO

Wednesday 5 December 2007 @ 12:55 pm

China's largest biodiesel company has filed with the U.S. Securities and Exchange Commission to float an IPO on the New York Stock Exchange in the near future.

Gushan Environmental Energy Ltd filed the paper work on Monday to list on the NYSE. The documents do not reveal the terms of the IPO, but judging from the fees, the IPO should raise about $250 million. Gushan plans to use the money to expand production and improve research and development.

A pump selling biodiesel in Spain

Founded in 2001, this is the third time out of the gate for Gushan. The company declared its intention to float an IPO on the NASDAQ in May. Later the company evidently looked at floating an IPO on the Hong Kong Stock Exchange; China Knowledge carried a report in September on that IPO being postponed. Now Gushan has decided on the NYSE, instead of Hong Kong or the NASDAQ.

Gushan Environmental Energy is on track this year to produce and sell about 180 thousand tons of biodiesel fuel. That's almost five times what it sold in 2004 and 40 more tons than last year. The company has a target of producing 400,000 tons of fuel in 2008. Gushan is expected to report a profit of about $40 million this year.

Merrill Lynch is underwriting the IPO.


See article
.




Gushan Environmental Plans NYSE IPO

Wednesday 5 December 2007 @ 12:55 pm

China's largest biodiesel company has filed with the U.S. Securities and Exchange Commission to float an IPO on the New York Stock Exchange in the near future.

Gushan Environmental Energy Ltd filed the paper work on Monday to list on the NYSE. The documents do not reveal the terms of the IPO, but judging from the fees, the IPO should raise about $250 million. Gushan plans to use the money to expand production and improve research and development.

A pump selling biodiesel in Spain

Founded in 2001, this is the third time out of the gate for Gushan. The company declared its intention to float an IPO on the NASDAQ in May. Later the company evidently looked at floating an IPO on the Hong Kong Stock Exchange; China Knowledge carried a report in September on that IPO being postponed. Now Gushan has decided on the NYSE, instead of Hong Kong or the NASDAQ.

Gushan Environmental Energy is on track this year to produce and sell about 180 thousand tons of biodiesel fuel. That's almost five times what it sold in 2004 and 40 more tons than last year. The company has a target of producing 400,000 tons of fuel in 2008. Gushan is expected to report a profit of about $40 million this year.

Merrill Lynch is underwriting the IPO.


See article
.




China EDU to Float IPO on Nasdaq

Wednesday 28 November 2007 @ 7:22 pm

The emergence of private education in China as a focus of investment and venture capital has become obvious over the past few months, with companies like Noah Education, Ambow, Juren Education Group, and NeWorld Education Group either going public or getting VC money. Now ChinaEdu is throwing its hat into the ring. The Beijing company has filed papers this week to float an IPO on the Nasdaq, according to the Associated Press.

Emailing her sister, or working on her MBA?

Rick Aristotle Munarriz says that ChinaEdu is involved in helping universities in China offer online degrees. The company is small, but online education has great potential in China…


See article
.