Mongolia's Energy Resources plans HK IPO -sources
HONG KONG, July 13 (Reuters) - Mongolian coking coal company Energy Resources LLC aims to raise between $800 million and $1 billion in a Hong Kong initial public offering by as early as September, three sources with knowledge of the matter told Reuters.
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The offering would be sponsored by Citigroup (C.N: Quote) and JP Morgan (JPM.N: Quote), the sources said. All three sources declined to be named because they were not authorised to speak publicly about the matter.
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"Mogi" Munkhdul Badral
CPS International
Email: mogi@cpsinternational.mn
Mobile: +976-99996779
CPS International is a marketing arm of CPS Securities in Mongolia. CPS Securities is a Perth, Western Australia based ASX Licensed Financial Services Company. To trade ASX stocks, feel free to contact me at mogi@cpsinternational.mn or +976-9999-6779.
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