Money - International
Sources: Tencent-backed Linklogis to raise US$1.02b in HK IPO
Wednesday, 31 Mar 2021 6:18 PM MYT
HONG KONG, March 31 — Tencent-backed Chinese fintech firm Linklogis Inc will price its shares at HK$17.58 each (RM9.38) — slightly above the flagged mid point — to raise up to US$1.02 billion (RM4.2 billion) its initial public offering (IPO), according to two sources with direct knowledge of the matter.
The sources could not be named as the information was not yet public.
Linklogis did not immediately respond to a request for comment. — Reuters
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