SYDNEY (Reuters) – Vietnamese internet company VNG Ltd has delayed a $150 million U.S. initial public offering (IPO) due to volatile market conditions, a person with direct knowledge of the matter said.
The person spoke on condition of anonymity as the information is not yet public.
VNG did not immediately respond to a request for comment.
(Reporting by Scott Murdoch in Sydney and Yantoultra Ngui in Singapore; Editing by Himani Sarkar)
