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Real Estate Briefing - Categorized | Finance, IPOs/Stock Market more

Swire plans $3 bln property spin-off

Posted on 19 April 2010

From WSJ: Blue-chip Swire Pacific Ltd. has received regulatory approval for the initial public offering of its property unit in Hong Kong that will raise around US$3 billion, a person familiar with the situation said Friday.

The roadshow for the spinoff of Swire Properties Ltd. will start April 26 and the unit is scheduled to list on the Hong Kong bourse May 14, the person said…………………………………..Full Article: Source

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