Pacific Radiance launches Singapore IPO to raise over $100m
Plans to start trading in November.
According to Bloomberg's report, Pacific Radiance Ltd., an owner and operator of offshore vessels, started an initial public offering in Singapore that may raise more than $100 million, said two people with knowledge of the matter.
The Singapore-based company began evaluating investor interest in the share sale last week, the people said, asking not to be identified as the process is private. The company plans to start trading next month, they said.
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