China’s richest man, Wang Jianlin, said on Tuesday that Dalian Wanda Commercial Properties Co <3699 .hk="">, the real estate flagship of his Wanda empire, would re-list on the Shanghai Stock Exchange either through an initial public offering (IPO) or a backdoor listing. 3699>
Approval for an IPO could take two or three years, while a backdoor listing would require more than a year, Wang said in an exclusive interview with Reuters.
Shareholders of the Hong Kong-listed real estate firm last week approved a buy-out offer that would see the firm privatized. The company said earlier this month it planned t
Blogger Comment
Facebook Comment