$Sea (SE.US)$ , known as the "small Tencent in Southeast Asi...

$Sea (SE.US)$ , known as the "small Tencent in Southeast Asia", plans to raise US$6.3 billion in this year's largest equity transaction, which will promote the global expansion and acquisition of the largest company in Southeast Asia .

The online gaming and e-commerce company, which is owned by Tencent (0070.HK), will issue 11 million shares, with a total market value of approximately US$3.8 billion at the close of trading on Wednesday. It also intends to issue US$2.5 billion in stock-related bonds. Sea has risen by more than 70% this year. In August of this year, after the company’s share price soared, its founder, Forrest Li, became the richest man in Singapore.