Meat products manufacturer People’s Food is set to seek shareholders’ approval for a listing on the Hong Kong Stock Exchange.
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At a special general meeting, on 18 October, the company will also ask for the go-ahead from shareholders for a share buyback of up to 10% of the company’s aggregate share capital.
Singapore-listed People’s Food expects its shares to start trading in Hong Kong by late October if all goes to plan.
The company hopes the move will help fund expansion, reported Dow Jones International News.
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