Kazakhmys digs for Hong Kong investors
HONG KONG (Dow Jones Investment Banker) – Kazakhmys PLC, an LSE-listed natural resources group with its main assets in Kazakhstan, has filed to list in Hong Kong by the end of June. This is aimed at raising its profile in the region, which accounts for almost half of its revenue. With no new money to be raised and no shares to be sold, the deal itself will do little for investors but there may be action for bankers, including M&A and financing deals, down the line.