Nov 18 (Reuters) - Maxis Bhd (MXSC.KL), Malaysia's top
mobile provider, looks set to rise on its debut on Thursday in
Southeast Asia's biggest IPO. [ID:KLR203794]
The $3.3 billion initial public offering will rank as the
7th largest globally this year. China Minsheng Bank (600016.SS)
hopes to raise up to $4 billion as it prices its IPO.
Later this month, Las Vegas Sands (LVS.N) is expected to
offer a $3.35 billion IPO of its Macau buisiness, which would
rank as sixth largest so far this year.
With many developed countries only slowly emerging from
recession, firms are rushing to take advantage of Asia's
recovering markets. More than 30 firms are eyeing listings in
either Hong Kong or India over the next few months.
For a TIMELINE of Asia coming out of recession, click
[ID:nSP270034]
Following are the 10 largest IPOs in the world this year
(US$ billions).
AMOUNT ISSUER
NATION DATE STORY 1 8.07 Banco Santander Brasil SA
(BSBR.N) Brazil Jun10 [ID:nN06435880] 2
7.34 China State Construction Engineering Corp (601668.SS)
China Jul24 [ID:nHKG308717] 3 5.00# Metallurgical Corp of
China (601618.SS) China Sep17 [ID:nSHA37833]
4 4.33 Visanet VNET3.SA
Brazil Jun30 [ID:nN30418225] 5+ 4.10 China Minsheng
Banking Corp (600016.SS) China Nov26
[ID:nSP400540] 6* 3.35 Sands China
Macau Nov30 [ID:nHKG196023] 7^ 3.3 Maxis
Malaysia Nov19
[ID:nSP472385] 8 2.16 Verisk Analytics Inc (VRSK.O)
U.S. Oct6 [ID:nWNA5292] 9 2.09 Polska
Grupa Energetyczna SA PGEPa.WA Poland Oct27
[ID:nLR677803] 10 2.00 Myer Holdings Ltd (MYR.AX)
Australia Oct29 [ID:nSYD224022]
# Combined Hong Kong/Shanghai listings
+ Pricing due Nov. 18. Maximum of $4.10 bln
* Pricing expected Nov. 21. Maximum of $3.35 bln
^ Price set, debuts Nov. 19
Source: Thomson Reuters
(Reporting by Gillian Murdoch; Editing by Ian Geoghegan)
