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The Business Station
Lion Air's IPO and Saudi Aramco To Get China Support?
10 mins·07:30, 7 Nov 2019
Lion Air's IPO and Saudi Aramco To Get China Support?
10 mins
·
07:30, 7 Nov 2019
·
Recommended
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.
Presenter: Lyn Mak, Wong Shou Ning, Roshan Kanesan
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