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Aequitas Research

Aequitas Research
IPOs and Placements coverage across Asia Pacific

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25 Apr 2024 11:10

Citicore Renewable Energy Pre-IPO - Growing with a Pipeline to Match, Although Marred with Risks

Pre-marketing for Citicore Renewable Energy's US$140m Philippines IPO is currently underway, as per media reports. With a maximum offer price of...

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25 Apr 2024 10:10

China Resources Beverage (Holdings) Pre-IPO Tearsheet

China Resources Beverage (Holdings) Company Limited is looking to raise US$1bn in its upcoming Hong Kong IPO. The bookrunners on the deal are BofA,...

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25 Apr 2024 09:00

Afcons Infrastructure Limited Pre-IPO - The Positives - Profitability More than Doubled

Afcons Infrastructure Limited (6595396Z IN) is looking to raise US$840m in its upcoming India IPO. In this note, we talk about the positive aspects...

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Ethan Aw
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24 Apr 2024 14:15

OceanaGold Philippines IPO - Updated Thoughts on Valuation - Too Expensive Even at This Price

OceanaGold Philippines (OGP PM) is looking to raise up to US$106m in its Philippines IPO. In this note, we share our updated thoughts on valuation.

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Ethan Aw
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24 Apr 2024 13:49

99 Speedmart Holding Pre-IPO - Consistent Network Expansion, Although Margins Remain Well Below Peak

99 Speed Mart Retail Holdings (99SPD MK) is looking to raise US$300m in its upcoming Malaysia IPO. In this note, we look at the firm’s past...

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