APAC IPOs & Placements

Zhen Zhou, Toh

Smartkarma

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Kunming Dianchi Water Treatment / Equity Capital Markets

Kunming Dianchi Water Treatment (3768 HK)

<p><a href="https://www.smartkarma.com/entities/24001" target="_blank" data-smartkarma-citation="entities:24001:1">Kunming Dianchi Water Treatment (3768 HK)</a> is raising approximately US$171 - 205m in its upcoming IPO. Proceeds raised will be used to finance Build-Operate-Transfer (BOT)/Build-Own-Operate (BOO) wastewater treatment and running water supply projects, expand operations through purchasing future Transfer-Operate-Transfer (TOT)/ Transfer-Own-Operate (TOO) projects and repay current bank borrowings.</p><p>In this insight, we look at the company's projects, expansion plans, and compare its valuation with other wastewater treatment companies in China. We will also run the deal through our framework.</p>

Kunming Dianchi Water Treatment (3768 HK) is raising approximately US$171 - 205m in its upcoming IPO. Proceeds raised will be used to finance Build-Operate-Transfer (BOT)/Build-Own-Operate (BOO) wastewater treatment and running water supply projects, expand operations through purchasing future Transfer-Operate-Transfer (TOT)/ Transfer-Own-Operate (TOO) projects and repay current bank borrowings.In this insight, we look at the company's projects, expansion plans, and compare its valuation with other wastewater treatment companies in China. We will also run the deal through our framework.

Kunming Dianchi Water IPO Review - A Leader in Yunnan Province but Growth Is Uncertain and Limited