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Wilmar sees active trading after announcing China unit's IPO price

YKA's listing is expected to raise 13.9 billion yuan, with Singapore's sovereign wealth fund GIC one of several strategic investors

Singapore

SHARES of Wilmar International saw heavy trading on Thursday after it announced that the proposed listing of its 99.99 per cent-owned China subsidiary, Yihai Kerry Arawana (YKA), will carry an issue price of 25.7 yuan per share and is expected to raise 13.9 billion yuan (S$2.81...

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