Saturday, February 18, 2006 IPO Expected This Year

From Reuters:

"Internet and software firm CDC Corp. hopes to double revenue within two years largely via acquisitions and list its Inc. unit on Nasdaq this year, its acting chief executive said Thursday.

China-based CDC, which owns 81 percent of the online and mobile services firm, may consider eventually spinning it off, CEO Steven Chan told Reuters in an interview."

“We would like to dual-list it ( on Nasdaq sometime this year,” Chan said. “Maybe in the future we will spin it off.”

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