Foshan Haitian Flavouring and Food (SHA:603288) board members approved plans to pursue a dual listing in Hong Kong, according to a Thursday filing with the Shanghai Stock Exchange.
The soy sauce manufacturer's planned listing will help the company "enhance the international brand image and competitiveness," the filing said.
Foshan Haitian was looking to raise up to $1.5 billion from the offering, according to a Bloomberg report in October.
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