PSA puts off IPO, sees rough waters ahead
SINGAPORE port operator PSA Corp Ltd has decided to put off its
plan for an initial public offering (IPO) due to the global economic
slowdown.
"I don't think any investment bankers are making any recommendations
for any company of any size to go IPO, so I think we have to wait,"
PSA chairman Yeo Ning Hong said during an interview with Lloyds
List
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