MM view on the Silk IPO?

Hi Sidney,

I actually haven’t yet seen the details of the Silk logistics IPO (as in the financials). I know Shaw has been mandated to list it, and from what I understand, interest is there however I have not seen the detail. This integrated logistics business takes freight off cargo ships, stores it in warehouses and then distribute it – does around $300m in revenue and is growing. We’ll provide more colour when we have it.