By Joyce Koh
KinderWorld Education Group, which runs schools across Southeast Asia, is working with advisers on a planned IPO that could value it at about S$300 million ($228 million).
Ctrip first floated shares on the NASDAQ market in the United States 15 years ago as part of a wave of Chinese tech companies lured by high valuations overseas, at a time when domestic markets were a fraction of their current size.
Formed by Illumina, Grail last year completed the largest biotech funding round ever.
In June 2014, Creador invested $16.7 million through its second fund in Vectus Industries to acquire a minority stake.
Commonwealth Bank of Australia said it intends to list Colonial First State Global Asset Management on the Australian Stock Exchange by the end of 2018.
A $2 billion deal would be by far the biggest first-time share sale ever in Vietnam. Vinhomes is considering seeking a valuation of $13-16 billion.
The deal values the Tel Aviv Stock Exchange at 551 million shekels ($157 million).
Listing of Metropolis’s shares will provide a “stock currency” that can be used to fund acquisitions, managing director Shah said.
The proposed IPO, which was announced last month, was to see the government offload a 47.8 per cent stake in the firm. At a starting price of VND140,900 ($6.23) per share, the government was hoping to raise at least VND6 trillion ($264 million) from the IPO.
The Beijing-based company may file for a public listing as soon as next month and is targeting a valuation of about $100 billion.