Maritime Capital Shipping Withdraws Proposed IPO

Thursday, July 03, 2008

Maritime Capital Shipping Limited has withdrawn its lodgment of its preliminary prospectus with the Monetary Authority of Singapore in connection with its proposed initial public offering and listing on the Main Board of the Singapore Exchange Securities Trading Limited.
The company has just completed its international roadshow with institutional investors but has decided not to proceed with the launch of its proposed initial public offering citing the significant deterioration in sentiment in the world’s equity markets over the past few days.  As a result, the Company does not believe that a stable market for its shares would be established in secondary market trading while such negative market sentiment prevails.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Finance

Insights: New York Canal Director Brian Stratton

Brian U. Stratton was appointed Director of the New York State Canal Corporation in April 2011, to oversee the operation and development of New York’s 524-mile Canal System,

Iraq's Southern Exports Unaffected by Conflict

Southern exports average almost 2.60 million bpd; Exports close to record rate seen in May. Lack of Kirkuk northern exports limits overall supply. Iraq's oil

Impact of CITGO Oil Refineries Sale: Analysis

A sale of Venezuelan state oil company PDVSA’s Citgo refining assets could dramatically change crude oil flows: Poten & Partners consider the outcomes in their latest 'Tanker Opinion'.

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1035 sec (10 req/sec)