Catalist firms punching above their weight post-IPO
A RECENT report on initial public offerings (IPOs) showed that Singapore has captured South-east Asia's largest share of proceeds in 2016, reversing last year's meagre count.
A Deloitte Singapore study showed a total of 16 IPOs in Singapore so far in 2016, raising S$2.3 billion and adding S$4.4 billion in market capitalisation at listing. That represented 36 per cent of the S$6.2 billion raised in South-east Asia, the largest share of IPO proceeds in the region.
Singapore's relatively active IPO market in 2016 was in stark contrast to the previous year, which saw just S$…
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel Pacific Oak US Reit posts 8.8% fall in distributable income for Q1
Billionaires selling cheap stuff get richer from inflation pain
UBS plans next round of layoffs in Credit Suisse integration
Stocks to watch: CDL, DFI Retail Group, Cordlife, First Resources
Philippine central bank’s deputy governor sees upside risks to inflation
Amazon to push cashierless shopping tech into more third-party stores, while backing off itself