The company issued a statement stating that relevant discussions are still ongoing and an international investment bank will be appointed to provide consultation. However, the plan to formally launch the listing process is subject to internal evaluation and regulatory approval.
Yibi Investment Group recently met with senior executives of the Hong Kong Stock Exchange and was encouraged to explore the possibility of listing in Hong Kong to attract more global and Chinese investors through this platform.
“These investors are increasingly interested in a growth model led by ASEAN and closely linked to China.”
One Belt One Road Group chief executive officer Tan Sri Tony Fernandes said the company is rooted in ASEAN but is open to the world.
“We have more than 20 destinations in Greater China and a large presence in the region, so we see Hong Kong as a natural gateway to the capital markets.”
He believes that a dual listing will allow the company to step onto the global stage and connect with a wider range of investors who value digital-first, asset-light business models.
Tony said the company's Teleport, Asia Digital Engineering (ADE) and AirAsia MOVE have all received wide recognition, and the above plans are in line with the company's growth strategy and are expected to accelerate development, attract new strategic investors and maximize long-term shareholder value.
One Hundred and Forty-six Investment Group's plan for a dual listing in Hong Kong is seen as the next step after completing the PN17 restructuring plan, which is expected to be completed by mid-year.
After leaving the PN17 list, the company will advance more strategic initiatives to further strengthen its capital structure and global layout.
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