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BT EXCLUSIVE

IPO activity disappoints in 2018 as big plans get iced

13 firms have raised just S$715m in gross proceeds from initial public offerings here so far this year; final tally is looking dismal after blockbuster 2017

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Except for Koufu, which last traded at its IPO price, and Asian Healthcare Specialists, a Catalist-listed group of orthopaedic doctors which is up 19.6 per cent since its April debut, all of this year's IPO débutantes have left their subscribers swimming in underwater world.

Singapore

SINGAPORE is headed for its worst year of IPO activity since 2015, with 13 companies raising just S$715 million in gross proceeds from initial public offerings here so far this year.

IPO bankers The Business Times spoke to are not hopeful of getting more deals out the

sentifi.com

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