Family office, marquee investors-backed companies scrap IPO plans

By Nitesh Kumar

  • 04 Mar 2025
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Credit: VCCircle

Two companies that count a family office and well-known investors as shareholders have shelved their plans to float initial public offerings, as the stock market’s decline over the past five months worsens appetite for share sales.  Advanced Sys-tek Ltd and SFC Environmental Technologies Ltd have withdrawn their respective draft red herring ......

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