So going to start off with the news of day one.
So this is a story which we've covered a bit in the last couple of months, the various mechanisms they may or may not use for fundraising.
But the latest as per the Financial Times is that They're now considering a dual IPO, a listing in both Singapore and the US.
So this is a new mechanism, I believe.
I don't believe that you've been able to do this before, but the Singapore stock market is suggesting they do a co-listing.
The idea of this is that some of the stock actually goes on to the Singapore exchange while the rest will go on.
the NASDAQ, I assume it will be.
The aim is to raise about 5 billion US dollars, and this is going to then value the company at about 20 billion dollars.
So not getting any kind of official quote or any official information from day one, obviously, on this.
But this is, like I said, a story doing the rounds now, and it'd be an interesting way for the day one to raise additional capital as they continue to expand all across the region.
So pretty interesting one that.
So going to start off with the news of day one.
So this is a story which we've covered a bit in the last couple of months, the various mechanisms they may or may not use for fundraising.
But the latest as per the Financial Times is that They're now considering a dual IPO, a listing in both Singapore and the US.
So this is a new mechanism, I believe.
I don't believe that you've been able to do this before, but the Singapore stock market is suggesting they do a co-listing.
The idea of this is that some of the stock actually goes on to the Singapore exchange while the rest will go on.
the NASDAQ, I assume it will be.
The aim is to raise about 5 billion US dollars, and this is going to then value the company at about 20 billion dollars.
So not getting any kind of official quote or any official information from day one, obviously, on this.
But this is, like I said, a story doing the rounds now, and it'd be an interesting way for the day one to raise additional capital as they continue to expand all across the region.
So pretty interesting one that.
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