Foxconn unit targets Shanghai IPO, to raise capital for 5G projects

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The unit, which makes industrial robots, plans to issue up to 10 per cent of its enlarged share capital.

Singapore: Dating app Paktor’s parent company M17 files for New York listing

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M17 Entertainment is seeking to raise a total of $115 million in a proposed initial public offering (IPO) on the New York Stock Exchange.


Vietnam Digest: SCIC targets selloff in 134 firms; Flag carrier to move listing to HoSE

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The State Capital Investment Corporation said it would step up state capital divestment to cover a total of 134 enterprises during the 2018-2020 period


Fullerton Healthcare eyes US IPO after shelving Singapore listing plan

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Fullerton and existing investors had sought to raise as much as $202 million in the city-state in 2016.


Singapore: Hyphens Pharma seeks to raise $10m via IPO

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Hyphens Pharma secured Nikko Asset Management Asia, Qilin Asset Management and Maxi-Harvest Group as cornerstone investors.


China’s Geely said to pick Citi, others for Volvo Cars IPO

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China’s Zhejiang Geely and Volvo have discussed valuing the Swedish automaker in a range of $16 billion to $30 billion in a stock sale.


US-based Stealth BioTherapeutics eyes Hong Kong IPO this year

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Hong Kong now accepts applications from firms with different share classes as well as from unprofitable biotech businesses, a revision intended to attract earlier-stage developers like Stealth.


Goldman-backed biotech firm Ascletis becomes first to apply for HK IPO under new rules

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The Hong Kong exchange now allows biotech firms to list even if they still have not made profit or revenue.


Goldman-backed Renew Power files for IPO, targets to raise $386m

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The company plans to use the proceeds of the IPO for redemption of certain debentures issued by it and for funding acquisitions and other strategic initiatives.


China’s fashion e-commerce platform Meili targets $500m in US IPO

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The float will add to a busy pipeline of Chinese tech companies that are seeking to go public this year.