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MARKETS & INVESTING | Staff Reporter, Hong Kong
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PCCW plans listing HKT Trust pending shareholder approval

The phone carrier may raise more than $1.3b from the IPO.

A Bloomberg report said, “PCCW Ltd. plans to list its telecommunications business trust in the first week of November if shareholders approve the deal at a meeting next week.”

PCCW may sell 36.7 percent of the units in HKT Trust.

View the report here.

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