Finance / China
HPH Lists Southern China Interests To Raise Cash For Expansion In Growth Region
January 2011 | IPO AnalysisHutchison Port Holdings (HPH), the terminals-operating arm of Hong Kong-based company Hutchison Whampoa, which is also involved in real estate, retail and telecommunications, has announced that it is to list its interests in southern China and Hong Kong in Singapore, and will retain only around 25%. The intention behind the listing is to enable the newly formed company to expand its container-ports-related businesses in the region, where BMI expects to see considerable throughput growth in the years to come.
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