Soho China Shares Could Raise $1.65B

Soho China Ltd., a Beijing-based property developer, is seeking to raise up to $1.65 billion in an initial public offering ahead of an Oct. 8 listing in Hong Kong. The company is selling 1.55 billion shares, or 31% of its enlarged share capital, in an indicative price range of HK$6.30 to HK$8.30 (US$0.81 to US$1.07).
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Posted by: on Thursday, September 20th, 2007