Russian "Alrosa" diamond company launches IPO

Summary of October 14, according to the Russo-Japanese Business News reported, the world's largest diamond producer -俄阿尔罗萨diamond company will hold an initial public offering this year, October 28, intended to 35-38 rubles per share price is expected to sell ...
According to a report on October 14th, the Russian business information network, the world's largest diamond producer, Russia's Arosa Diamonds, will hold an initial public offering on October 28 this year, which is expected to be sold at an estimated price of 35-38 rubles per share. 16% of the company's shares, including 7% of the shares held by the Russian Federation and the Republic of Yakutia, and 2% of the shares held by the company's holding company, Wargan Holdings Limited. The company's supervisory board chairman, Youjanov, said that the current international market demand for diamonds is rising, and the current IPO is the best time. The industry commented that the company's IPO before privatization will help to add value to the assets and prepare for the next privatization to increase revenue.

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