The supply chain financing platform has filed to raise up to $1.06bn in a Hong Kong Stock Exchange offering which will enable Bertelsmann, GLP, Skyworth and Tencent to exit.
Linklogis, a China-based supply chain financing provider backed by corporate investors Bertelsmann, GLP, Skyworth and Tencent, filed for an initial public offering on the Hong Kong Stock Exchange today.
The offering will involve the company selling nearly 453 million shares priced between HK$16.28 and HK$18.28 each to potentially raise HK$8.3bn ($1.06bn) at the latter price.
The shares are set to be priced on March 31 ahead of a listing on April 9, while Goldman Sachs and China International Capital…
