‘One of the best years ever’: DBS’ equities head sees buoyant 2026 for Singapore IPOs

[SINGAPORE] Initial public offering (IPO) volumes on the Singapore bourse in 2026 could be “substantially much more” than the level set in 2017 – the strongest year for listings in the last decade – said Art Karoonyavanich, managing director and global head of equity capital markets at DBS.

“If you look at 2026, the volume will likely be better – (perhaps) one of the best years ever, in terms of IPO volume for Singapore,” he told The Business Times in a recent interview.

The Singapore Exchange (SGX) raised US$4.4 billion in IPO proceeds from 36 listings in 2017, Bloomberg data indicated, a level that has not been matched in the past decade.