Chen Te-sheng CEO TS Lines

The chairman of Taiwanese intra-Asia carrier TS Lines, Chen Te-sheng, has confirmed that the carrier plans an IPO, probably in Hong Kong, next year.

A general manager at Wan Hai Lines before establishing TS Lines in 2001, Mr Chen said the timing was right for a listing, with the company set to post its best-ever results this year.

TS Lines reported a $394.12m net profit for H1 21 this week – exceeding its initial full-year target of $358m.

Mr Chen, who now expects ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article


You must be logged in to post a comment.