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10Sep/130

China mall developer plans $1 billion Hong Kong IPO: WSJ

HONG KONG - SZITIC Commercial Property Co Ltd, which sold a stake in two of its malls to U.S. private equity firm Carlyle Group LP in May, plans an up to $1 billion Hong Kong IPO as soon as the fourth quarter of 2013, the Wall Street Journal reported on Tuesday, citing people familiar with the matter.

reuters.com

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