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

DealStreetAsia

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).

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