Kuwait Projects Company to invest in IPOs in the emerging markets
Saturday, 04 Jul 2009
Dow Jones reported that Kuwait Projects Company plans to invest in initial public offerings in emerging markets, mainly China, to improve its investment returns under the current circumstances.
As per reported, the investments will be carried out through Kipco Asset Management Company or Kamco and will be in the sectors of energy, infrastructure and the steel and coal industries.
(Sourced from Dow Jones)
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