HONG KONG, April 15 China CNR Corp Ltd
, the country's second-largest listed train maker,
plans to seek approval from the Hong Kong stock exchange on
Thursday to sell up to $1.5 billion in shares, IFR reported on
Tuesday citing people familiar with the plans.
Shanghai-listed CNR could start gauging investor demand for
the offer next week if it gets the green light from the Hong
Kong exchange's listing committee, reported IFR, a Thomson
The company said in a securities filing on Tuesday that it
received approval from the China Securities Regulatory
Commission (CSRC) to sell up to 2.09 billion shares in Hong
China International Capital Corp (CICC), Macquarie and UBS
are sponsoring the sale, with Deutsche Bank and Goldman Sachs
also acting as joint global coordinators, IFR said.
(Reporting by Fiona Lau of IFR; Writing by Elzio Barreto;
Editing by Christopher Cushing)