TIANJIN IPO OVER-SUBSCRIBED

The IPO issued by Tianjin Port Holdings Ltd was heavily oversubscribed, by as much as 1,700 times.

The Advanced Crane Simulator has been developed by Applied Research International, a New Delhibased organisation with expertise in knowledge systems, and is designed to enhance productivity and safety in cargo-handling operations through comprehensive training of operators and port personnel in a life-like environment.

The company had hoped to raise in the region of $135m.