Thursday, March 19, 2009

No Listing Timetable So Far

THE Agricultural Bank of China said yesterday that it has yet to start talks with any strategic investors and it has no listing timetable.

The bank, which got a US$19-billion bailout from the government in October, has no "definitive initial public offering plan so far," it said on its Website yesterday.

ABC has said it plans to finish IPO work in the second half of this year.

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