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Bangladesh's Summit Power seeks to raise over US$200m in S'pore IPO

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Published Thu, Apr 12, 2018 · 09:50 PM

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Singapore

SINGAPORE is set to have the first Bangladeshi company list on the Singapore Exchange, as electricity producer Summit Power International looks to raise more than US$200 million in an initial public offering (IPO).

The IPO prospectus that was lodged on Thursday showed Summit has attracted Asian Development Bank as a cornerstone investor.

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