KUALA LUMPUR:'' Major supplier of tin globally, Malaysia Smelting Corp Bhd has lodged the preliminary prospectus for its secondary listing on the Main Board of the Singapore Exchange Securities Trading Ltd.
MSC said on Thursday, Dec 30 since the public offering of new MSC shares in conjunction with the proposed secondary listing would be made available for application by retail investors in Singapore and/or institutional and selected investors, no prospectus would be issued in Malaysia.
MSC chairman Norman Ip Ka Cheung had on Dec 28 said it was adhering to its plan to have its secondary listing on the SGX by end of January 2011.
Ip was quoted saying MSC's secondary listing was in line with its exercise to expand tin business activities such as mining and smelting. He added the group was consolidating its businesses to ensure its position as a leading integrated producer of tin metal and tin-based products.
MSC said on Thursday, Dec 30 since the public offering of new MSC shares in conjunction with the proposed secondary listing would be made available for application by retail investors in Singapore and/or institutional and selected investors, no prospectus would be issued in Malaysia.
MSC chairman Norman Ip Ka Cheung had on Dec 28 said it was adhering to its plan to have its secondary listing on the SGX by end of January 2011.
Ip was quoted saying MSC's secondary listing was in line with its exercise to expand tin business activities such as mining and smelting. He added the group was consolidating its businesses to ensure its position as a leading integrated producer of tin metal and tin-based products.
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