J&T Express Is Said to Plan Up to $1 Billion HK IPO Filing Soon
- Courier company could file for IPO as soon as in coming days
- Jakarta-based firm weighing raising $500 million to $1 billion
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Courier company J&T Express is planning to file for its Hong Kong initial public offering as soon as in the coming days, according to people familiar with the matter.
The Jakarta-based firm is weighing raising $500 million to $1 billion in the share sale, said the people, who asked not to be identified as the information is private. A listing could happen as soon as this year, although no final decision has been made and details including size and timeline could still change, the people said.