Kin Global, a Singapore-based sports event manager, is looking to raise around SG$10.1 million in gross proceeds through an initial public offering (IPO) on the Singapore Exchange's Catalist board, according to a company prospectus published on Tuesday.
The company will have an estimated market capitalization of around SG$44.9 million post listing and will use the IPO to scale into events tourism.
The company is seeking to make one million shares public, priced at SG$0.23 per share and 23.9 million placement shares at SG$0.23 each.
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