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Resourcehouse Delays $3.6B HK Listing

Resourcehouse has postponed the launch of its Hong Kong initial public offering.

Resourcehouse has postponed the launch of its Hong Kong initial public offering, The Wall Street Journal reports. The Australian mining company is seeking to raise $3.6 billion. The offering accounts for 10% of the 5.716 billion shares being issued.

The Hong Kong public offer will now run between May 30 and June 2, a change from the previous timetable of May 26 to May 31, 2011. BOC International, HSBC Holdings, RBS and UBS will be the joint global coordinators and joint book-runners for the offering.

Click here for the story from The Wall Street Journal.

Click here for additional coverage from Reuters.

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