The Tencent-backed Southeast Asian online services provider is set to raise between $596m and $695m from its US initial public offering.
Singapore-based online services firm Sea has set the terms for its US initial public offering, which will give exits to investors including internet group Tencent.
The company plans to issue almost 49.7 million American Depositary Shares on the New York Stock Exchange, priced between $12.00 and $14.00, meaning the offering will likely be between $596m and $695m in size.
Founded in 2009, Sea oversees an online business made up of digital entertainment and gaming platform Garena, e-commerce marketplace Shopee…
