HK-based PE firm Affinity to sell partial stake in Leong Hup IPO

HK-based PE firm Affinity to sell partial stake in Leong Hup IPO

Photo by Erol Ahmed on Unsplash

Hong Kong-based private equity firm Affinity Equity Partners is cutting its stake in Malaysian poultry producer Leong Hup by offloading 421 million shares in the planned IPO in mid-May, according to a prospectus filed by the latter.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter