IN BRIEF (Page 13)
China Daily | Updated: 2009-11-17 07:59
Plantation firm plans IPO
China Forestry Holdings Group, a forestry plantation operator backed by the Carlyle Group, plans to raise up to $203 million via an initial offering of shares in Hong Kong later this month. It is offering 750 million shares at a range between HK$1.6 and HK$2.1 apiece and the IPO pricing will be fixed on Nov 24.
Volvo to quit venture
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