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CHINESE BUILDING MATERIALS GIANT EYES RAISING US$149 MLN IN IPO.
Publication: AsiaPulse News Publication Date: 28-FEB-06 |
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COPYRIGHT 2006 Asia Pulse Pty Ltd
BEIJING, Feb 28 Asia Pulse - China National Building Material Group Corporation (CNBM), China's largest building materials manufacturer, plans to raise about 1.2 billion yuan (US$149.1 million) in the initial public offering (IPO) on the Hong Kong Stock Exchange at the end of March, sources close to the deal told China Daily.
A company executive refused to elaborate on the IPO, but said the proceeds gained from the...
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