Southeast Asia's Grab 'considering US IPO this year' Business


Source: chinadailyhk.com chinadailyhk.com

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The IPO could raise at least US$2 billion, one of the sources said, which would likely make it the largest overseas share offering by a Southeast Asian company. “The market is good and the business is doing better than before. This should work well for public markets,” he said. The plans, including the size of the issue and timing, have not been finalized and are subject to market conditions, said the sources, who declined to be identified as they were not authorized to speak about the matter The plans, including the size of the issue and timing, have not been...