Belle setting up shop for $200m Sinophil follow-on

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By Rashmi Kumar
03 Sep 2014

Philippine property developer Belle Corp started holding meetings with investors this week to divest some of its shares in Sinophil Corp, which has been renamed Premium Leisure Corp.

At this stage, it is undisclosed how big a stake Belle is looking to offload and how much it is targeting to raise, but it could be around $150m-$200m, according to bankers.

Meetings began on September 1 and are being held across Europe, Hong Kong, Singapore and ...

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