Maritime Capital Shipping eyes $300 mln S'pore IPO

Maritime Capital Shipping Ltd, a Hong Kong-based dry bulk shipper, aims to raise roughly $300 million in a Singapore initial public offering, a person familiar with the matter said.

The company kicked off pre-marketing on Monday, and plans to begin bookbuilding on June 20 ahead of pricing in early July in a deal handled by UBS, the person said.

Source: http://economictimes.indiatimes.com