Quick question.
What comes to mind when I mention the words successful Singapore based company?
Source: Pirates of the Caribbean | Tenor
Chances are you might be thinking about companies like SEA Ltd. (NYSE: SE), Razer Inc (HKG: 1337), DBS (SGX: MU7) or CapitaLand Limited (SGX: C31).
Well, it turns out there are still some hidden gems like Nanofilm Technologies International Pte Ltd, which launched its initial public offering (IPO) on Friday (16 Oct 2020) when they filed its preliminary prospectus,
According to Reuters, the company’s IPO could raise up to S$510 million, making it one of the biggest non-Real Estate Investment Trusts (REITs) mainboard listings on in years.
The company would also become the first Singaporean tech unicorn (startups valued at more than US$1 billion) to list in Singapore.
Here is what we know about the IPO so far.
We will update the article when more information is released....