In The News

SE Asia Ripe for IPO Exits, But Market Volatility May Halt Momentum


03 Mar 2022

Singapore-based Morrison & Foerster Partner Lip Kian Ang has been quoted in an article published by DealStreetAsia, “SE Asia ripe for IPO exits, but market volatility may halt momentum.”

The article explores how some Southeast Asia startups are waiting for the current period of market volatility to pass before launching on the public market.

In relation to alternative options for investor exit, Lip Kian comments, “In case an exit has to occur due to timeline requirement, a company would tend to explore a trade sale or other liquidity options, if 'conditions for a public listing are not right'.”

With reference to the buoyant tech market, he also comments, “All three SPACs listed on the Singapore Stock Exchange were formed for the purpose of acquiring technology targets, providing further evidence that many of the earlier movers in the Southeast Asia technology startup space are ripe for exits.”

Read the full article (subscription required).



Unsolicited e-mails and information sent to Morrison & Foerster will not be considered confidential, may be disclosed to others pursuant to our Privacy Policy, may not receive a response, and do not create an attorney-client relationship with Morrison & Foerster. If you are not already a client of Morrison & Foerster, do not include any confidential information in this message. Also, please note that our attorneys do not seek to practice law in any jurisdiction in which they are not properly authorized to do so.