MacGregor’s Singapore listing now likely in 2014

Singapore: MacGregor will be ready to list in Singapore in 2014, the new boss of its parent Cargotec told Reuters in an interview yesterday.

Mika Vehvilainen said: "When the market conditions are more favourable we will do the listing." The IPO was initially pencilled in for as early as this summer. MacGregor has shifted headquarters from Finland to Singapore in a bid to tap more Asian customers, who already account for 70% of its sales. [24/05/13]


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