| Sunshine Oilsands Ltd. begins offering shares in an initial public offering to raise as much as HK$4.69 billion ($605 million), the holder of Canadian oil- sand leases said. Sovereign wealth fund China Investment Corp. and China Petroleum & Chemical Corp., or Sinopec, are among cornerstone investors in the IPO, Calgary, Alberta-based Sunshine said.
The shares will be offered for between HK$4.86 and HK$5.08 apiece, and are expected to begin trading on Hong Kong’s stock exchange March 1, it said...............................................Full Article: Source
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