Razer to raise up to HK$4b in proposed HKSE listing

RAZER - the Singapore-founded gaming company - could raise up to HK$4.3 billion (S$749.7 million) in its proposed listing on the Hong Kong Stock Exchange (HKSE) main board.

Razer announced on Tuesday that it would offer some 1.063 billion shares at between HK$2.93 and HK$4 apiece. Of the shares, some 957 million shares will be for an international offering; and the remaining 106 million for a Hong Kong public offering.

Dealing in Razer's shares on the HKSE is expected to commence on Nov 13. Its Hong Kong public offering is expected to start on Nov 1 and close on Nov 6. Allotment results and the offer price are expected to be announced or made available on Nov 10.