Gaming firm Razer prices IPO near top end, raises S$719m: IFR

Gaming firm Razer prices IPO near top end, raises S$719m: IFR
PHOTO: The Straits Times

HONG KONG - Razer Inc, a Singapore gaming hardware maker backed by Intel Corp and Hong Kong billionaire Li Ka-shing, has priced its initial public offering (IPO) near the top end of the range, raising HK$4.12 billion (S$719.2 million), IFR reported on Tuesday (Nov 7).

The IPO has been priced at HK$3.88, the Thomson Reuters publication reported, adding the company, which is based in Singapore and the United States, was offering 1.063 billion primary shares in an indicative range of HK$2.93-HK$4.00 each.

A Razor spokesman did not immediately respond to Reuters emailed request for comment.

How Razer CEO Tan Min-Liang turned his passion into a world-class company

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