KWG to raise $400 million

[photopress:Internationalfinanceplaza_1.jpg,full,alignright]China’s KWG property plans to raise up to $400 million in a Hong Kong initial public offering in the first half of next year. KWG, formerly known as K Worth Group, develops high-end residential and commercial property projects in China, including the 39-storey International Finance Plaza in Guangzhou.
Source: UltraViolet