Pacific finds Hong Kong listing more attractive than Taiwan

In a surprise, somewhat unprecedented move, a Taiwanese company wants to list in Hong Kong รป before even bothering to list in Taipei.

ING Barings has been mandated to launch the IPO of Pacific Broadband in a deal which is expected to raise HK$1.5 billion ($200 million). Pacific Broadband is Taiwan’s third biggest cable TV operator and a subsidiary of the Pacific Construction Group, one of the Island Republic's largest property companies. It has 600,000 subscribers.

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