Dear readers, Razer Inc, a company based in Singapore and the US plans to launch today a Hong Kong IPO which is valued at S$750 million. Razer is known for its gaming mouse and also laptops and it has a niche offering for gaming enthusiasts. In August this year, the CEO of Razer Inc, Mr Tan Ming Liang responded to PM Lee’s call for a proposal on an island-wide electronic payment solution. Also, it is recently announced that Razer Inc would be on its way to rolling out smart phones which may have a feature central for gaming enthusiasts as well.
Another notable Singapore-based IT company is SEA Ltd which has recently debuted on the NYSE. SEA is a Southeast Asia games firm, formerly known as Garena which has filed for a $1billion US IPO. SEA stock is currently trading below its IPO price.
While Singaporean investors could still invest ......