India, July 8 -- Delixy Holdings Limited, a Singapore-based company engaged in trading oil-related products, has announced the pricing of its initial public offering of 2 million ordinary shares with a par value of US$0.000005 per share. Of these, 1.35 million shares are being offered by the company, while the remaining 650,000 shares are being sold by the shareholders Mega Origin Holdings Limited and Novel Majestic Limited, with each selling 325,000 shares. The public offering price has been set at US$4.00 per ordinary share.
The company noted that it is also registering a resale prospectus concurrent with the Offering for the resale of 3 million Ordinary Shares held by Cosmic Magnet Limited, Rosywood Holdings Limited, Dragon Circle Limit...