GIC-Backed Thai Startup Weighs IPO in Hong Kong or New York
Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a...
By Anuchit Nguyen · Bloomberg Markets
Line Man Wongnai, a Thai technology startup backed by Singapore’s GIC Pte, is considering an initial public offering abroad to tap stronger investor demand and secure a higher valuation, a move that would signal a lack of confidence in the local stock market.