Chinese Salt Maker Prepares IPO Listing With Backing From Temasek

Tradingmarkets.com, 7 Dec 2009
9D Salt Corp. is preparing for its listing by absorbing investment from Singapore's Temasek Holdings and International Finance Corporation (IFC), disclosed Fu Gangyi, chairman of the salt maker based in southwest China.
After that, the salt maker will expand its reaches into other Chinese areas, added the chairman, showing great confidence in its future. As early as 2006, Temasek Holdings and 9D Salt once planned to form a 40-60 joint venture.
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