Doosan Skoda Power Announces IPO Intention, Listing In Prague
Reuters
01-15
Jan 15 (Reuters) - : *DOOSAN SKODA POWER ANNOUNCES ITS INTENTION TO CARRY OUT IPO, LIST SHARES ON PRAGUE STOCK EXCHANGE *DOOSAN SKODA POWER: EXPECTS OFFERING WOULD COMPRISE UP TO THE EQUIVALENT OF APPROXIMATELY 21.5 – 26.5% OF EXISTING SHARES OF COMPANY *DOOSAN SKODA POWER: EXPECTS OFFERING WOULD ALSO COMPRISE UP TO EQUIVALENT OF APPROXIMATELY 10% – 5% OF ORDINARY SHARES ISSUED BY THE COMPANY *DOOSAN SKODA POWER: AFTER COMPLETION OF OFFERING SELLING SHAREHOLDER WOULD MAINTAIN MAJORITY SHAREHOLDING IN THE COMPANY OF NOT LESS THAN 66.67%