HONG KONG: Lei Shing Hong Ltd, which runs Mercedes-Benz dealerships in Asia and Europe, is planning to relist in Hong Kong in a deal that could raise around US$800mil, according to a source.
The Hong Kong-based company is working with investment banks on the planned share sale, it said. Lei Shing Hong targets to list as soon as the second half of this year, according to the source.
Already a subscriber? Log in.
Subscribe to win RM50 Touch 'n Go e-Voucher! More Info
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!