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Jun 29, 2006

Public Offer - China - Truckmaker IPO

Shanghai,China -Shanghai Daily/South China Morning Post -28 June 2006: -- China National Heavy Duty Truck Group Co, the nation's third-largest truckmaker, plans to raise as much as HK$7.8 billion (US$1 billion) in a Hong Kong initial public offering this year... The company has hired investment banks including JPMorgan Chase & Co to arrange the sale, which will raise at least HK$5.5 billion...

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