Golden Agri-Resources' India IPO has possible growth potential
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
SHARES of Golden Agri-Resources have not enjoyed much of a boost since the palm oil supplier announced plans to list its Indian subsidiary on both the Bombay Stock Exchange and National Stock Exchange of India.
The company had announced on the morning of Aug 8, a Sunday, that it could get 7.5 billion rupees or about US$100 million (S$136.9 million) from the initial public offering (IPO) of its 56.3-per-cent-owned subsidiary Gemini Edibles & Fats India (GEF).
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Copyright SPH Media. All rights reserved.
TRENDING NOW
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
Singaporeans can now buy record amount of yen per Singdollar
Air India asks Tata, Singapore Airlines for funds after US$2.4 billion loss
Keppel DC Reit posts 13.2% higher Q1 DPU of S$0.02833 on strong portfolio performance
