Hong Kong-based Asia Online provides internet access, web hosting, network integration and applications services to small and medium sized Asian companies seeking to expand their businesses online. Credit Suisse First Boston CSFB planned to handle the listing.
In light of market conditions in which comparable companies have shed up to 40% of their value since we filed, we reluctantly came to the conclusion that this was not the time to go forward, says Steven Foland, CSFB's head of technology banking. This is too...
