Husky Energy mulls listing in HK
By Paul Gordon | China Daily | Updated: 2011-06-01 08:23
Hong Kong - Husky Energy Inc, the Canadian oil producer controlled by Hong Kong billionaire Li Ka-shing, may seek a secondary listing in the Chinese city, giving it greater access to Asian investors as it expands in the region.
Calgary-based Husky will keep its primary listing on the Toronto Stock Exchange, according to a company press release on Thursday. No final decision on a Hong Kong listing has been made by the board of directors, the statement said.
Husky has signed 11 production-sharing contracts with China National Offshore Oil Corp and has three contracts in Indonesia, according to its website.
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