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KSK Power Plans $500-M Dual Listing In AIM Ad Channel Islands

Posted on May 16, 2008

Even as the domestic primary market is struggling to get back on track, an India-focused firm is raising this year s biggest IPO at London s AIM market. KSK Emerging India Energy Fund has announced that it plans to raise up to $500 million through a dual listing at AIM and the Channel Islands Stock Exchange, Financial Times reported.The fund would get listed by June at AIM and would be the largest IPO at AIM till date this year. It is an investment company centred on the Indian energy sector to be managed and advised by subsidiaries of, KSK Power Ventur Plc, which is a AIM listed firm spec...

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