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2008 June 2   13:27

Maritime Capital Shipping eyes $300 mln S'pore IPO

Maritime Capital Shipping Ltd, a Hong Kong-based dry bulk shipper, aims to raise roughly $300 million in a Singapore initial public offering, a person familiar with the matter said.

The company kicked off pre-marketing on Monday, and plans to begin bookbuilding on June 20 ahead of pricing in early July in a deal handled by UBS, the person said.

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