GIC-backed Thai start-up weighs IPO in Hong Kong or New York - News Summed Up

GIC-backed Thai start-up weighs IPO in Hong Kong or New York


The Thai stock exchange is grappling with the departure of companies seeking deeper capital pools and higher valuations abroad. Among Thai companies opting to list elsewhere, cryptocurrency exchange operator Bitkub is considering an offering in Hong Kong, Bloomberg News reported. Line Man Wongnai is moving ahead with plans to raise funds as it intends to boost investment in its financial technology unit, Lineman Pay. In 2020, it merged with Line Man, Line Corp’s delivery service in Thailand. Line Man had been spun off from a unit of Naver Corp, now a key backer of the combined company.


Source: The Edge Markets February 06, 2026 05:10 UTC



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