Australian IPOs expected to end 2013 with a flourish

Senior investment bankers expect a busy end to 2013 for floats, with a rush of initial public offerings (IPO) expected before Christmas, according to The Australian Financial Review today.

SingTel-Optus’s satellite division is among the most closely-watched potential floats, valued at about $2 billion.

SingTel is reportedly mulling taking the division public after failing to find bidders who could meet the reserve price.

However, even without the SingTel-Optus float more than $3 billion in potential floats could hit the market by year-end, or shortly after, the AFR added.

A number of potential floats had been put on hold as firms waited for stronger market conditions. However, the recent success of IPOs for insurance broker Steadfast and fertility clinic operator Virtus Health has sparked talk that other firms may move their IPO timelines up.

“We’re certainly telling issuers that the window is open – earnings feel OK and Australian equities are fairly valued,” UBS equity capital markets boss Simon Cox told the AFR.

HOW WE CAN HELP

Sean Rothsey

About the core competencies and key strengths of the manager:
Sean Rothsey has been a director of listed and unlisted private and public companies in Australia and NZ since 1981 and has been involved in the listing (IPO) or reverse listing (reverse takeover) and private placements of many companies in Australia , NZ  South Africa and London from start up to < 1 Bil.
 
He is the immediate past chairman  and long time director of ASX listed diversified financial services company MDS Financial Group Ltd , whose subidiaries include an ASX Particpant (StockBroker) and a director  of two of three subisdiaries each holding Australian Financial Services Licenses issued by the Australian Securities and Investment Commission.As a founding Deputy Chairman and director of NISER Ltd he has represented the National Stock Exchange , the Bendigo Exchange and the Taxi Exchange in regional Queensland.
 
Also conversant with financial services regulations in Hong Kong , China  Sean and his network have particularly knowledge of  Funds Management structuring and compliance  in the Bahamas, BVI and the Cayman Islands.
 
Sean is a Committee Member  of   the Australian Chamber of Commerce Hong Kong and Macau ’s  Finance , Legal and Taxation Committee and a reciprocal member of every Asian and Mainland China Australian Chamber of Commerce and  can facilitate introductions to the Chamber , Government , business or professionals in Hong Kong and as a consultant can assist you in an unregulated and unlicensed capacity in a buy sell or other transaction ,including introductions to sources of debt, equity and offtake , but makes no legal warranties or representations of any kind as to the Buyer, Seller or Transaction.
 
Sean can also facilitate introductions to licensed entities in a regulated regime where required and can both represent and assist any party in those regimes. The Merkin Group offer advisory and consultancy services in global business and asset management strategies including corporate governance,risk and compliance as well as facilitating outcomes through valued added solutions, introductions or capital.
 
BoxRED  are currently mandated by a number of Australian companies or their AFSL Lead Managers for facilitating global assistance in pre IPO , IPO or Private Placements. We are assisted by partners and associates in several cities.


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