MMI tests market for second SGX IPO, seeks $250m

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MMI tests market for second SGX IPO, seeks $250m

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The Supertree Grove at Gardens by the Bay. | Marina Ignatova - Fotolia

Singapore’s MMI, which designs and makes high-precision electromechanical components, has started testing investor appetite for its IPO of around $250m. This will be the second time the company has floated on the city state’s exchange.

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