Sunda International Weighing $100 Million to $200 Million Hong Kong IPO, Sources Say.

Guangzhou Sunda International Trading Co., a supplier of personal care products mainly in Africa, is considering an initial public offering (IPO) in Hong Kong that could raise $100 million to $200 million. The company is working with China International Capital Corp. and Citic Securities Co. on the IPO, which may take place in early 2025. Sunda's products include diapers, hygiene and personal care items, and home building materials. The company has subsidiaries in several African countries and Peru. Sunda's chairman and founder, Shen Yanchang, established the company after making business contacts in Nigeria in the late 1990s. [Extracted from the article]