Pacific Radiance IPO next? Pacific Radiance lodged its preliminary prospectus with the MAS on 28 October 2013 and hence I think Pacific Radiance IPO will be on the cards soon. As you may have read in the news Pacific Radiance is in the offshore and marine businesses. To give you more details, Pacific Radiance’s businesses can be classified under three divisions: namely (1) offshore support services businesses (i.e. owns and operates offshore vessels to assist and support the offshore oil and gas industry as well as provides ship management and agency services), (2) subsea businesses (i.e. provides subsea services to the offshore oil and gas industry) and (3) complementary businesses which includes marine equipment business (i.e. design, supply and maintain dock equipment) and project logistics business (i.e. provide logistics solutions for project cargo).
According to the preliminary prospectus, Pacific Radiance is a fast expanding owner and ......
