Maxis Bhd, Malaysia's top mobile provider, looks set to rise on its debut on Thursday in Southeast Asia's biggest IPO.
The $3.3 billion initial public offering will rank as the 7th largest globally this year. China Minsheng Bank hopes to raise up to $4 billion as it prices its IPO.
Later this month, Las Vegas Sands is expected to offer a $3.35 billion IPO of its Macau buisiness, which would rank as sixth largest so far this year.
With many developed countries only slowly emerging from recession, firms are rushing to take advantage of Asia's recovering markets. More than 30 firms are eyeing listings in either Hong Kong or India over the next few months.
Following are the 10 largest IPOs in the world this year (US$ billions).
AMOUNT ISSUER NATION DATE STORY
1 8.07 Banco Santander Brasil SA Brazil Jun10
2 7.34 China State Construction Engineering Corp China Jul24
3 5.00# Metallurgical Corp of China China Sep17
4 4.33 Visanet Brazil Jun30
5+ 4.10 China Minsheng Banking Corp China Nov26 6* 3.35 Sands China Macau Nov30
7^ 3.3 Maxis Malaysia Nov19 8 2.16 Verisk Analytics Inc U.S. Oct6
9 2.09 Polska Grupa Energetyczna SA Poland Oct27 10 2.00 Myer Holdings Ltd Australia Oct29
# Combined Hong Kong/Shanghai listings
+ Pricing due Nov. 18. Maximum of $4.10 bln
* Pricing expected Nov. 21. Maximum of $3.35 bln
^ Price set, debuts Nov. 19 Source: Thomson Reuters (Reporting by Gillian Murdoch; Editing by Ian Geoghegan)