The chairman of Taiwanese intra-Asia carrier TS Lines, Chen Te-sheng, has confirmed that the carrier plans an IPO, probably in Hong Kong, next year.
A general manager at Wan Hai Lines before establishing TS Lines in 2001, Mr Chen said the timing was right for a listing, with the company set to post its best-ever results this year.
TS Lines reported a $394.12m net profit for H1 21 this week – exceeding …

The post TS Lines expects HK IPO next year as returns outperform expectations appeared first on The Loadstar.

Source: The Loadstar