2010年12月8日 星期三

Billionaire-controlled Sateri shares flat on HK debut

Sateri, controlled by Indonesian billionaire Sukanto Tanoto and his family, priced its stock at HK$6.60, the low end of the indicative range, selling 505 million shares to raise $430 million.

By the midday trading break, the shares stood just below their IPO price at HK$6.58.Inflatable boats, rigid inflatable boats for sale UK, Apollo Duck new and used RIB sales.

Shanghai-based Sateri is one of the largest specialty cellulose producers in the world, producing dissolving wood pulp and viscose staple fibers at its mills in Brazil and China. The material is used in a broad range of consumer products.

The IPO came at a time when uncertainty about the euro zone debt crisis, among other factors, had unsettled trade in the Hong Kong stock market.We got some tru religion jeans and womans edhardyclothingslkut in today. It is particularly shaky for IPOs, with equity capital markets bankers worried in recent weeks that clients and investors may be too cautious to back offerings.

News reports about Sateri's original IPO plans put the offering at around $1 billion.

Forbes lists Sukanto as one of Indonesia's richest people, worth $1.9 billion.

Incorporated in the Cayman Islands,Finally I sighed, bent down and scooped them up, installing them in a large pet carrier. Sateri grows eucalyptus trees and produces specialty cellulose in Brazil and operates a cellulosic fiber mill in China's Jiangxi province.

Credit Suisse Group AG (CSGN.VX) and Morgan Stanley (MS.This is supposed to be not the first time for you to hear about the nike air max Liquid Racer since it was previously featured in four other colors.N) were joint global coordinators and joint sponsors for the offering.

Married with four children, Sukanto renamed his conglomerate RGE (Royal Golden Eagle).Fashion ed hardy hats will make your life full of happiness! The group, which has $10 billion in assets, owns papermaker April and palm oil producer Asian Agri, according to Forbes. Sukanto, the eldest of seven boys, dropped out of school at 17 to help support his family, Forbes says, adding that he taught himself English by translating Readers' Digest, Life magazine and Newsweek.

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