Lion Air's IPO and Saudi Aramco To Get China Support?

Brendan Sobie, Independent Analyst, Sobie Aviation

07-Nov-19 07:30

Lion Air's IPO and Saudi Aramco To Get China Support?

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00:05 - Lion Air is targeting an IPO of up to $1 billion in the first quarter of 2020. Lion Air has been considering an IPO since 2005, but multiple attempts were put on hold due to a volatile rupiah and weak economy.

07:04 - China’s state-owned entities are in talks to invest $5 to 10 billion in Saudi Aramco’s IPO as the oil-giant plans to sell 2% of its company in a domestic listing next month.

Presented by: Lyn Mak, Wong Shou Ning, Roshan Kanesan

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Categories: Investments

Tags: Lion Air, low-cost carrier, IPO, Indonesia, aviation, Saudi Aramco, China,

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