Trans-cab pulls IPO as EHi Car refuses to change gear

Two companies make very different decisions regarding their IPOs after "unexpected" new information requires them to change their prospectus.

Singapore's Trans-cab Holdings pulled its S$114.2 million ($93 million) initial public offering on Monday after the company revealed an unexpected addition to its insurance premium.

¬ Haymarket Media Limited. All rights reserved.

Sign in to read on!

Registered users get 2 free articles in 30 days.

Subscribers have full unlimited access to FinanceAsia.

Not signed up? New users get 2 free articles per month, plus a 7-day unlimited free trial.

Questions?
See here for more information on licences and prices, or contact [email protected].

Share our publication on social media
Share our publication on social media