News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
<IPO>'Thai Meituan' LINE MAN Wongnai Mulling HK or US IPO: Wire
Thai tech company LINE MAN Wongnai (LMWN), backed by Singapore's sovereign wealth fund GIC and dubbed the "Thai Meituan", is evaluating the possibility of listing in ...
Reset
Send
The window will close in 5 seconds
<IPO>'Thai Meituan' LINE MAN Wongnai Mulling HK or US IPO: Wire
Close
Recommend
10
Positive
12
Negative
9
 
SHORT SELL
 
STOCK INFO
aacat by AASTOCKS
Open a new trading account to get NVDA share!

Thai tech company LINE MAN Wongnai (LMWN), backed by Singapore's sovereign wealth fund GIC and dubbed the "Thai Meituan", is evaluating the possibility of listing in Hong Kong and the US to seek more investor demand and higher valuations, Bloomberg reported, citing sources.

CEO Yod Chinsupakul said that a final decision on the IPO is expected by the end of June this year. Due to Thailand's unfavorable macro environment, economic weakness and political instability, the company should opt for listing in more active and vibrant stock markets.

Related News M Stanley: S&P 500 Adjustment Nearing End; 'Magnificent Seven' in US Stocks Very Attractive in Valuation

AASTOCKS Financial News
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.