GIC, Olympus investee China Minzhong boosts SGX PRC IPOs
Government of Singapore Investment Corporation (GIC) and Olympus Capital investee China Minzhong, a PRC vegetable producer and processor, is planning an S$237 million ($170 million) IPO in Singapore's biggest China listing since the GFC broke.
GIC holds a 31.2% pre-IPO stake in China Minzhong, while Olympus holds 32.2%. Other investors CMIA Capital Partners and OCBC Capital hold 23.3% and 4.2% each. Private equity investors and other substantial...
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