Asia
MISC and VTTI show details of New York IPO
Kuala Lumpur: MISC has passed details of the successful IPO of VTTI Energy Partners. 17,500,000 common units representing limited partner interests in VTTI were traded at $21 per common unit. The common units commenced trading on the New York Stock Exchange on 1 August 2014 under the ticker symbol VTTI.
VTTI is a limited partnership formed in April 2014 by VTTI B.V. – a jointly controlled entity of MISC and Vitol Holding – to own, operate, develop and acquire refined petroleum product and crude oil terminaling and related energy infrastructure assets on a global scale. [07/08/14]