Hutchison Whampoa, one of the largest shipping container terminal operators, is seeking to raise $5.8 billion, BBC reports.
The company plans to sell stakes in its Hutchison Port Holdings Trust (HPH Trust), which operates two of the world's biggest container ports in Hong Kong and Shenzen.
The sale would be the biggest IPO executed through Singapore's markets.
Singapore's Temasek Holdings, US hedge fund Paluson & Co, Capital Research & Management, and Cathay Life Insurance will reportedly bid for HPH Trust's stake.
The company plans to sell stakes in its Hutchison Port Holdings Trust (HPH Trust), which operates two of the world's biggest container ports in Hong Kong and Shenzen.
The sale would be the biggest IPO executed through Singapore's markets.
Singapore's Temasek Holdings, US hedge fund Paluson & Co, Capital Research & Management, and Cathay Life Insurance will reportedly bid for HPH Trust's stake.