Singapore: Broadband firm MyRepublic plans IPO by 2018-end

Singapore: Broadband firm MyRepublic plans IPO by 2018-end

Photo: MyRepublic website

Singapore-based broadband services provider MyRepublic plans to launch an initial public offering (IPO) by the end of 2018 or early 2019 and is in the process of raising a S$100 million ($72.2 million) pre-IPO round.

MyRepublic did not disclose how much it plans to raise through the planned IPO but is eyeing a valuation of S$650 million after its Series C funding, which it expects to complete in the next 60-90 days. It is considering a listing on bourses in Hong Kong, Singapore and Australia.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter