You are here

Don't IPO until you have a following: Koh Boon Hwee

There're many other ways to get funding, he tells young Indonesian entrepreneurs

INVESTOR Koh Boon Hwee had this message for the children of Indonesian entrepreneurs last week: Don't be too hasty to sell shares in your company to the public in an initial public offering (IPO), for there are many other ways to get funding.A generation ago, the public markets were the only