Singapore-based Internet provider MyRepublic Group Ltd. is weighing an initial public offering in Hong Kong as early as December 2019 to fund expansion of its cloud-based broadband and mobile platform.
The company has raised $150 million in capital, including a $60 million injection from Singapore family office Kamet Capital Partners and CLSA Ltd.’s asset management arm, according to Chief Executive Officer Malcolm Rodrigues. MyRepublic may add to that total in its latest round of private funding, he said.