Jim Rogers-backed China’s Tiger Brokers seeks to raise $200m in US IPO

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The firm’s investors include Interactive Brokers Group Inc, ZhenFund, Xiaomi and Rogers. It raised a Series C round in July valuing the firm at $1.06 billion.

CooTek

Indonesian modem rental startup Passpod bags $32m in oversubscribed IPO

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The company becomes the 46th issuer in 2018, as well as the first startup built by the IDX Incubator to take part in the stock exchange.


Horizons Ventures-backed video conferencing firm Zoom draws IPO roadmap

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Zoom is aiming to be valued in the IPO at several billion dollars more than the $1 billion valuation it achieved in its most recent funding round in 2017, when it received $100 million from venture capital firm Sequoia.


Chinese EV maker Byton said to explore IPO route to fund expansion plans

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Before this, Byton will seek another round of fundraising from private investors prior to starting production of its vehicle.


India: Sebi proposes relaxed norms for listing of startups

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At present, neither the promoter nor any other entity is eligible to hold more than 25% in a start-up after its Initial Public Offering.


Singapore tycoon Ron Sim suspends V3 Group’s HK listing plan amid market rout

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The Singapore entrepreneur took Osim International Ltd private in a $236 million buyout in 2016. V3 Group comprises the Osim business and other consumer products units.


Australian property settlements firm PEXA shelves IPO amid market selloff

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Just two days ago the IPO’s managers had said a consortium led by Macquarie Group and including the country’s four largest banks was seeking to raise as much as $608.66 million.


Chinese fintech platform Pintec trims US IPO target to $44.3m

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The company initially sought to raise $70 million when it filed its heavily-redacted IPO application with US SEC in June.


Malaysia’s Wen family offers to take Selangor Properties private for $149m

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Kayin Holdings has proposed a capital reduction and repayment of RM 5.70 per share, representing a 40.39% premium to the share’s closing price on the last practisable date.


Philippines’ San Miguel further trims F&B unit’s IPO size, eyes $634m

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The final size is less than half the original target of 1.02 billion shares for up to P140 per share.