Hutchison’s port unit IPO may eclipse Singapore deals in 2010

Posted On January 23, 2011

Hutchison’s port unit IPO may eclipse Singapore deals in 2010
Hutchison Whampoa’s sale of Chinese port assets may raise more than Singapore’s combined 31 initial public offerings last year, boosting the city’s efforts to compete as a financial centre. Hutchison, controlled by Hong Kong billionaire Li Ka-shing, said yesterday it will sell a stake in a trust holding container ports in Hong Kong, Macau and Guangdong province, along with associated businesses …
Read more on The Edge Singapore

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