Serko seeks up to $22 mln in IPO to fund growth plans across Asia Pacific

Mon, 26 May 2014

By Paul McBeth May. 26 (BusinessDesk) - Serko, the online business travel booking company, is seeking up to $22 million in an initial public offer, which it will use to fund growth aspirations across the Asia Pacific region , The Auckland-based company will sell 15.5 million new shares at $1.10 apiece, raising some $17 million, and a further 4.5 million existing shares worth $5 million will be sold into the offer as part of a main board listing on the NZX. The offer will have a retail component, and open on June 4, closing on June...

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