5:14 pm - Friday May 18, 2012

Kazakhmys wins HK Listing approval

The FTSE 100 miner announced on Monday that it aimed to complete the Hong Kong listing by the end of June. It aims raise around $200m (£123m) by selling a stake of 2.25pc.

“The listing will enhance the company’s profile in China and in Asia generally and thereby benefit the company’s long-term growth and development,” it said in its statement.

The Kazakh government has been pushing Kazakh companies to list their shares in Hong Kong since 2009.

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