Deals
Special Effects Maker Plans Hong Kong IPO for China Unit
- VHQ to spin off and list China operations in 12-18 months
- Company also seeking to expand by acquiring content producers
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Movie and television post-production house VHQ Media Holdings Ltd plans to spin off its China operations and list the unit in Hong Kong to help fuel ambitious growth targets in the booming Chinese movie industry.
The Taipei-listed visual effects company expects to be ready for an initial public offering in the next 12 to 18 months, VHQ Chairman Low Kok Wah said in an interview in Taipei in June. Details, including planned size and underwriters have yet to be determined.