Subscribers

Strong start to 2018 with Singapore firms raising US$816.9m in equity capital markets

Q1 increase driven by S'pore companies' IPOs in local and foreign bourses

Singapore

SINGAPORE-based companies have raised US$816.9 million through equity capital markets (ECM) for 2018 to date, the strongest start to a year since 2013, according to Thomson Reuters' preliminary first-quarter review of Singapore ECMs on Friday.

Amounts raised by such companies through initial public offerings (IPO), follow-on and convertible offerings, represent a 32.7 per cent increase in proceeds compared with the same period in 2017, while the number of ECM issuances grew 18.2 per cent...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes