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Friday, April 9, 2010

Mulpha plans to list unit in HKSE

Mulpha International Bhd, a Malaysian property developer, said it plans to list its Manta Holdings Co unit on the Hong Kong stock exchange.

As part of the initial share sale, the Manta unit, which trades and leases construction machinery, will sell 50 million new shares or a 25 per cent stake in the company, Mulpha said in a statement today.

By Bloomberg

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