Seven Group Holdings (ASX:SVW) Applied for Shares in Agricultural Bank of China IPO

  Sydney, Australia, June 23, 2010 - (ABN Newswire) - Australian media mogul Kerry Stokes' Seven Group Holdings (ASX:SVW) confirmed it has applied for shares in Agricultural Bank of China's (AgBank) massive initial public offering (IPO) and expects a decision shortly. The maximum value applied for is US & #36;250 million. If the application successful, Seven will become a cornerstone investor in AgBank, one of China's Big Four banks.  

Sydney

  [ Change ]
 
Today

Rain.
Tomorrow

Min: 15°
Max: 15°
Rain easing.
 

Account

Login

To access your account and listings



Remember me
   
   
   
 
 
Find Hunter Valley accommodation online