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Wednesday, October 19, 2011

Takeover Chatter - Corporate finance press digest

The following corporate finance-related stories were reported by media on Wednesday: * Haitong Securities Co Ltd , China's second-biggest publicly traded brokerage, resumed plans to list shares in Hong Kong, with a potential offering set for the end of the year at the earliest, Ming Pao newspaper reported.* Singapore's central bank has asked 3 Degrees Asset Management to shut down its operations following allegations that the hedge fund's founder Moe Ibrahim diverted assets, a Bloomberg report said.

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