DIRS.INFO top alerts submit data jurnalism about API
login
Top related persons:
VNG - 2 Scott Murdoch - 1 Yantoultra - 1 Himani Sarkar - 1 Rashmi - 1 Morgan Stanley - 1 VinFast - 1 Seth Farbman - 1
Top related locs:
New York Singapore Sydney SINGAPORE United States Vietnam U.S Chi Minh City
Top related orgs:
Thomson - 2 VNG - 1 U.S - 1 VNG Corp - 1 VNG Ltd - 1 U.S . Securities - 1 Exchange Commission - 1 HK - 1

Search resuls for: "VNG Ltd"


2 mentions found


☆ Vietnam's VNG delays $150 mln US IPO on volatile market conditions - source
  + stars: | 2023-09-22 | by ( Scott Murdoch Yantoultra Ngui | Scott Murdoch | Yantoultra Ngui | ) www.reuters.com   time to read: +1 min
SYDNEY, Sept 22 (Reuters) - Vietnamese internet company VNG Ltd has delayed a $150 million U.S. initial public offering (IPO) due to volatile market conditions, a person with direct knowledge of the matter told Reuters. The person spoke on condition of anonymity as the information is not yet public. Founded in 2004, VNG was Vietnam's first unicorn, or a startup valued at $1 billion or more. VNG still aims to carry out a New York listing, likely in the first half of 2024, they added. Reporting by Scott Murdoch in Sydney and Yantoultra Ngui in Singapore; Editing by Himani Sarkar and Rashmi AichOur Standards: The Thomson Reuters Trust Principles.
Persons: VNG, Scott Murdoch, Yantoultra, Himani Sarkar, Rashmi Organizations: VNG, Reuters, U.S, Thomson Locations: New York, Sydney, Singapore
☆ Vietnamese internet startup VNG files for IPO in the US
  + stars: | 2023-08-24 | by ( ) www.reuters.com   time to read: +2 min
SINGAPORE, Aug 24 (Reuters) - Vietnamese internet company VNG Corp has filed for an initial public offering (IPO) in the United States via VNG Ltd, a U.S. Securities and Exchange Commission filing showed. IPO proceeds will be used to pay original foreign investors who were direct shareholders of the company and repay outstanding loans, among others, the filing showed. Founded in 2004, VNG was Vietnam's first unicorn, or startup valued at $1 billion or more, and it inked a preliminary agreement in 2017 with U.S. bourse operator Nasdaq Inc to explore an IPO. The Ho Chi Minh City-headquartered company's businesses include online games, payments, cloud services and Vietnam's most popular messaging app, Zalo. Citigroup, Morgan Stanley, UBS, and Bank of America are underwriters of the IPO, according to the filing.
Persons: VNG, Morgan Stanley, VinFast, Seth Farbman, Yantoultra Ngui, Jacqueline Wong, Sonali Paul Organizations: VNG Corp, VNG Ltd, U.S . Securities, Exchange Commission, HK, Temasek, U.S . bourse, Nasdaq Inc, Citigroup, UBS, Bank of America, underwriters, U.S ., DoubleDragon Corp, Nasdaq, Carsome, New, VStock, Thomson Locations: SINGAPORE, United States, Vietnam, U.S, Singapore, Chi Minh City, U.S . Philippine, New York
0 next >>
Total: 2