It has been a quiet August so far in terms of actual deal flow but, as is the case every year, bankers are busy preparing for the expected post-summer resurgence in IPO activity. One of the first companies to hit the market looks likely to be Sewko Holdings, after bankers started investor education for its upcoming Singapore IPO on Monday this week.
The investor education will continue for two weeks and the expectation is that the institutional bookbuilding will launch in the first week of September.
Sewko is a holding company for Singer Asia, which sells Singer-branded household appliances, consumer electronics and other products in five...
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