BusinessWeek, 27 Jun 2010
June 28 (Bloomberg) -- China ITS (Holdings) Co., part-owned by Temasek Holdings Pte and Intel Capital, and shareholders may raise as much as HK$923.7 million ($119 million) from a Hong Kong initial public offering, according to a share sale document sent to fund managers today.
Beijing-based ITS and shareholders will sell a combined 236.84 million shares, or a 15 percent stake, at HK$2.85 to HK$3.90 each, said the document. Full Story