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Maritime Capital Shipping eyes $300 mln S'pore IPO

Sun Jun 1, 2008 11:07pm EDT

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(For a Singapore IPO diary, click <SG/IPO/MENU>)

HONG KONG, June 2 (Reuters) - 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 told Reuters.

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 (UBSN.VX)(UBS.N), the person said. (Reporting by Tony Munroe; editing by Anne Marie Roantree) (tony.munroe@thomsonreuters.com; Reuters Messaging: tony.munroe.reuters.com@reuters.net; +852 2843 6358, Fax +852 2845 0636))


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