Comment / Once more into the IPO breach with TS Lines

ID 199995949 © Volodymyr Scherbak | Dreamstime.com

If at first you don’t succeed, then try, try, try, try… and try again. That’s the lesson from Taiwanese container carrier TS Lines’ latest attempt at an initial public offering (IPO) in Hong Kong.

Here we go

Alphaliner this week reported that Hong Kong-based TS Lines, owned since 2001 by Taiwanese shipping magnate TS Chen following his departure from the family firm, Wan Hai Lines, appears to be at last heading for an IPO at the fifth time of asking.

Previous attempts in ...