Asia #PrivateEquity Weekly News, July 9, 2012 @ivcpost @resilient_ent #bennyquetell #resilient_ent



EYE OF INDIA

CHINA YONGDA Automobiles Services Holdings raised HK$1.7 billion ($219 million) from a Hong Kong initial public offering with Baring Private Equity Asia and Prax Capital providing $104 million as cornerstone investors, Thomson Reuters publication IFR reported. The company had previously planned to raise as much as HK$3.4 billion.

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