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Singapore Entertainment Firm Neon Is Said to Weigh IPO Next Year

Singapore Entertainment Firm Neon Is Said to Weigh IPO Next Year

Immersive entertainment group Neon is considering an initial public offering in Singapore that may raise as much as S$500 million ($389 million), according to people with knowledge of the matter.The company, which is backed by Temasek Holdings Pte.’s 65 Equity Partners, has interviewed financial advisers for a potential offering that could take place as soon as next year, the people said, asking not to be identified as the process is private. A first-time share sale may raise S$400 million to S$500 million, the people said. Source link lol
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