Hutchinson Port Holdings

Hutchison Port Holdings, the Hutchison group subsidiary that is the world's largest container port operation in throughput, will retain a 25 percent share in the spun-off company.

The newly listed shares of Hutchison Port Holdings Trust began trading at 2:00 p.m. Friday on the main board of the Singapore Stock Exchange.

The shares were listed in an initial public offering on March 17 that raised approximately $5.4 billion, the largest-ever IPO in Singapore and Southeast Asia, as well as the largest IPO globally year-to-date.

From the Journal of Commerce