HONG KONG: Sea Ltd, a Southeast Asian e-commerce and gaming company, plans to raise $6.3 billion in a share and convertible bond sale in one of the region's largest ever capital raisings, according to the firm's regulatory filing.
The Singapore-headquartered company is looking to sell 11 million American Depository Receipts (ADRs), with the option to offer 1.65 million more as part of a so-called greenshoe option, Sea said in its filing on Thursday.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!