Are you taking Asia seriously enough? Many companies choose Hong Kong not because of valuations in fact Asian exchanges have been underperforming New York or European exchanges this ear but rather because their long-term growth aspirations lie in doing more business in Asia.
Does your investor makeup fit your long-term aspirations? If not, which investors do you need to replace? There is so much more say about what I am seeing here in Singapore—the vibrancy, the diversity, the cultural and business practices differences.
The source declined to say which institutions have committed funds to the IPO.
Updated Monday April 4, By Kaihan Krippendorff 2 minute Read I spent last week in Singapore, conducting a strategy workshop for a client there.
The company has attempted an initial public offering three times before, but has always pulled out due to the weakness of global markets. And everyone seems to be smiling. Updated Monday June 13, 9.
But in the interest of giving you one very important nugget to chew on, consider why so many smart companies are choosing to issue IPOs in Asia, shunning vibrant markets closer to home.
By increasing the proportion of investors who live in Asia, they more closely align their investor base with their strategy.