Palmer unveils $3B Hong Kong prospectus

THE long awaited prospectus for the listing of Queensland billionaire Clive Palmer’s Resourcehouse on the Hong Kong stock exchange after three false starts has been released and is tapping investors for up to $US3.6 billion ($A3.35 billion).

Palmer unveils $3B Hong Kong prospectus Palmer unveils $3B Hong Kong prospectus Palmer unveils $3B Hong Kong prospectus Palmer unveils $3B Hong Kong prospectus Palmer unveils $3B Hong Kong prospectus

If the equity raising, which comprises the issue of 571.6 million shares to Hong Kong and overseas investors is successful Palmer’s coal and iron ore vehicle will be valued at $US7.

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