MONGOLIA Mining Corp (MMC) has started its investor roadshow in Hong Kong. The coking-coal producer this week confirmed plans to raise up to US$680 million in an initial public offering (IPO) on the Hong Kong stock exchange in the second week of October. The sale is being managed by JP Morgan Chase and Citigroup. MMC is planning to sell 719 million shares (20% of its equity), of which 83% would be new shares and 17% secondary.
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