Stocks News
- Food additive maker readies for HK IPO
Date: 9-Jan-2007 Sources: (Shenzhen Daily)
SHANDONG Fufeng Fermentation Holdings, China's largest producer of the food additive glutamic acid, will begin pre-marketing this week for a Hong Kong initial public offering (IPO) set to raise roughly US$100 million, a source familiar with the deal said yesterday.
ABN Amro Rothschild and Goldbond Capital are sponsoring the deal ahead of a trading debut expected for early February.
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