(Nov 21): Singapore agribusiness Wilmar International hopes to receive regulatory approval early next year for the initial public offering of its China business, Yihai Kerry Arawana Holdings (YKA), it said on Thursday.

See: Wilmar says listing of China ops accepted by regulator but waiting for approval

Wilmar, which is valued at more than US$19 billion ($25.9 billion), had announced its intention to list the business in 2017, after having shelved plans for a roughly US$3 billion listing of its Chinese unit in Hong Kong in 2009.

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