Date:11/05/2006 URL: http://www.thehindubusinessline.com/2006/05/11/stories/2006051103421500.htm

Back Varun Shipping files draft prospectus in Singapore

Our Bureau

Mumbai , May 10

Varun Shipping Co Ltd has filed the draft-amended prospectus with the Monetary Authority of Singapore in connection with the proposed issue of Singapore Depository Shares by the company.

The company is seeking to list its SDSs on the main board of the Singapore Exchange Securities Trading Ltd. DBS Bank Ltd is the sole global co-ordinator, book-runner and lead manager, while ICICI Securities and Macquarie Securities of Singapore are its co-lead managers.