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OneAll International IPO to raise just $2.5m to dispel investor concerns

Rose PowellJournalist
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OneAll International will raise only $2.5 million through its initial public offering in a deliberately unusual strategy to convince investors it can be trusted.

The premium outdoor furniture company designs and makes its products in China, sells worldwide and has a predicted market capitalisation of $118.5 million when it lists on the Australian Securities Exchange on October 22.

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Rose Powell is a journalist with Fairfax Media. Connect with Rose on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/oneall-international-ipo-to-raise-just-25m-to-dispel-investor-concerns-20151004-gk0rj0