Malaysian companies plan Hong Kong IPOs

Malaysian companies plan Hong Kong IPOs

Reuters 13 June 2013 Malaysian energy and water company Ranhill Energy and Resources Bhd is expected to launch its initial public offering (IPO) on June 28 that will target raising 1.0 billion ringgit ($319.23 million), two sources said. Ranhill Energy joins a queue...
Mengniu Dairy may buy private milk powder company

Mengniu Dairy may buy private milk powder company

China Daily 14 June 2013 China Mengniu Dairy Co Ltd, the country’s largest dairy producer, suspended trading on Thursday amid speculation over a possible acquisition of Guangdong Yashili Group Co Ltd, a privately owned milk powder maker. Both Mengniu and Yashili...