Husky Energy Inc. says it's looking at a secondary stock listing in Hong Kong.
The Calgary-based oil and gas company, which is controlled by Hong Kong billionaire Li Ka-Shing, said Monday its board has not made any final decisions about the secondary listing.
The company, which is active in gasoline retailing, refining, oil sands production and offshore exploration and production, said it will keep its primary listing on the Toronto Stock Exchange.
Among Husky's holdings is the Liwan Gas project offshore of China.
"The South East Asia region has been identified as a pillar of growth for the company and we are advancing several multibillion-dollar projects as part of our strategic plan," said chief executive officer Asim Ghosh in a release.
"A Hong Kong listing could provide investors in this important capital market with easier access to participate in our business strategy."
Husky has operations in Western Canada, off Canada's East Coast and in southeast Asia. It also has refineries, and a chain of fuel stations across Canada.
Companies & investments Mentioned In This Article (1)
HSE-T 30.41 -0.295 % 673,008