Singapore IPOs of certain size get better deal than in US: study
Singapore
COMPANIES of a certain size are able to raise more capital on the Singapore Exchange (SGX) compared to the US, as the offer price here is typically discounted to a smaller extent, according to a study by an Australian university.
But while a boon for companies looking to list in Singapore, analysts say it also presents the flip side for investors: there is less value to be gained from buying these initial public offerings (IPOs).
The study by the University of Wollongong looked specifically at companies that are large enough to qualify for the FTSE ST All-Share Index …
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