JJ Auto plans Warsaw and Frankfurt listing
Chinese car parts producer JJ Auto is preparing an initial public offering to be carried out on the stock exchanges in Warsaw and Frankfurt, the company said in a press release on Monday. The debuts are scheduled for June this year.
The company’s issue prospectus currently awaits approval from the German financial watchdog. After that happens, the Polish Financial Supervision Authority will be notified. ACON Actienbank will be the global coordinator, while in Poland Dom Maklerski DF Capital will be the main broker responsible for the IPO.
JJ Auto said that it would provide additional details on the offer on May 15.
