News / IPO brings in HK$941m for TS Lines to finance network expansion

TS Lines containers Credit TS Lines
Photo: TS Lines
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Taiwanese liner operator TS Lines’ initial public offering (IPO) on the Hong Kong Stock Exchange raised HK$941m ($121m) after its listing today.

The funds raised were, however, short of the $145m TS Lines had originally targeted.

The company issued 250m shares at between HK$3.50 and HK$4.50 each, ...

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  • Terry Chen

    November 02, 2024 at 1:14 pm

    Hkd$491m(usd$121m)???

    • Alex Lennane

      November 04, 2024 at 9:40 am

      Many apologies – and a good spot. We actually got the original number wrong – it was HK$941m, not HK$491m.

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Asia-Oceania Initial public offerings Transpacific TS Lines