IHS Chemical Week

Chemical Week Magazine :: Top of the Week

Petronas Chemicals Raises $4.1 Billion in IPO

1:26 PM MST | November 19, 2010 | —NATASHA ALPEROWICZ

Petronas Chemicals (Kuala Lumpur) says it raised RM12.8 billion ($4.1 billion) after pricing its shares at the top end of the projected range for its previously announced initial public offering (IPO) (CW, Oct. 18, p. 7). Parent company Petronas priced the institutional portion of the shares at RM5.20/share after attracting orders of approximately RM92.6 billion, the company says. The indicative price was RM4.50-RM5.20/share. The retail portion was priced at RM5.04/share. Petronas decided to float 31% of Petronas Chemicals in the IPO and retains a 69% stake in...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa