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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Och Ziff Capital Management Group Inc | NYSE:OZM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 20.47 | 0 | 00:00:00 |
From Jan 2020 to Jan 2025
BBMG Group Corp. plans to raise up to US$763 million from selling 933.33 million shares in an indicative price range of HK$5.18 to HK$6.38 each ahead of a listing in Hong Kong, a person familiar with the situation said Monday.
The Chinese building materials producer plans to sell US$175 million worth of shares in its initial public offering to five cornerstone investors, the person said.
China's sovereign-wealth fund, China Investment Corp., will subscribe to US$35 million worth of shares; China Life Insurance Co. (LFC) and a unit of Bank of China Ltd. (3988.HK) will each subscribe to US$50 million worth of shares; and Kerry Group PLC (KRYAY) and Och-Ziff Capital Management LLC (OZM) will each buy US$20 million worth of shares, the person said.
The offering will be the second-largest IPO in the Asia-Pacific region this year if it closes as planned, behind China Zhongwang Holdings Ltd.'s US$1.27 billion share sale in April. It will also be the first to include cornerstone investors since October.
-By Amy Or Dow Jones Newswires; 852-2802-7002; amy.or@dowjones.com
1 Year Och Ziff Capital Managem... Chart |
1 Month Och Ziff Capital Managem... Chart |
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