September 23, 2017 / 1:55 AM / a year ago

Southeast Asian e-commerce firm Sea says applies for NYSE listing

SINGAPORE, Sept 23 (Reuters) - Southeast Asian e-commerce startup Sea Ltd said on Saturday it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed listing on the New York Stock Exchange.

Goldman Sachs (Asia), Morgan Stanley & Co International and Credit Suisse Securities (USA) are joint bookrunners for the proposed initial public offering of its American depositary shares, the company said in a statement.

The number of shares on offer and the price range have not yet been determined, said Sea, formerly known as Garena, which was valued at $3.75 billion after a March 2016 funding round.

The company, which also provides digital payments and online gaming services, raised $550 million in May for an undisclosed valuation. (Reporting by Aradhana Aravindan; Editing by Paul Tait)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below