GC Asia
Sewko hits a snag with $119m IPO
Sewko Holdings’ S$149m ($119m) Singapore IPO has not gone according to plan after the company failed to price the deal. It is now going back to investors before deciding whether to try again.
Bookbuilding for the IPO closed on October 3 and pricing was expected to be announced on the same day.
However, the final pricing never came and the banker said the IPO process has now been extended, pending further discussions with investors, said a banker close to deal. ...Please take a trial or subscribe to access this content.
Contact our subscriptions team to discuss your access: subs@globalcapital.com
Or sign up for a trial to gain full access to the entire site for a limited period.
Corporate access
To discuss GlobalCapital access for your entire department or company please contact our subscriptions sales team at: subs@globalcapital.com or find out more online here.
