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Near-unicorn Prestige Biopharma eyes early-2021 IPO in South Korea

Singapore-based firm last valued at US$827m; does not say how much it is raising in IPO

Sharanya Pillai
Published Fri, Dec 11, 2020 · 09:50 PM

Singapore

SINGAPORE-BASED Prestige Biopharma is in the midst of pursuing an initial public offering (IPO) on the Korea Exchange, with a targeted listing in early 2021, the firm's chief executive Lisa Park said in response to queries from The Business Times (BT).

Earlier on Friday, BT reported that Prestige Biopharma's Singapore-registered entity had been been fully acquired by the Korea Securities Depository (KSD), as shown in Dec 8 regulatory data on intelligence platform VentureCap Insights.

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