The spin-off from Hong Kong-listed Kingboard Chemicals had been expected to raise about $400 million. The sharp increase, according to a source familiar with the offering, was prompted by the surge in the share price of Kingboard Chemicals over the past three weeks and, since the listing candidate is hoping to price at a premium to its parent, its price has been driven higher too.
ôLaminates has better growth and higher margins than the parent and also better visibility with...
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