Standard Chartered-backed Malakoff to list in 2013
Malakoff, the Standard Chartered Private Equity-backed power unit of Malayasian building firm MMC Corporation, has outlined plans for an IPO in 2013.
MMC, which owns 51% of Malakoff, said in a stock exchange filing that a listing is likely in the second quarter of the year. A total of 500 million new shares will be sold plus 260.87 million shares contributed...
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