In a sharemarket starved for local share floats, suddenly two investment companies with the same speciality are planning near-simultaneous initial public offerings.
Wednesday, February 4th 2004, 9:58PM
by The Landlord
Salvus Strategic Investments wants to raise $50 million in an IPO planned to open next Monday.
It would invest in small listed and unlisted New Zealand companies - just like Kingfish, the Fisher Funds Management spin-off that last week also announced plans to list.
