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SINGAPORE IPOs

Seven in 10 IPO stocks since 2017 trading underwater

Leading issuers to shelve share sales, and more issuers to do placement-only IPOs

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About seven in 10 of the initial public offerings (IPOs) in Singapore since 2017 are trading below their offer prices, despite their initial first-day "pops".

Singapore

ABOUT seven in 10 of the initial public offerings (IPOs) in Singapore since 2017 are trading below their offer prices, despite their initial first-day "pops".

Some of the worst performers from 2017 to 2019, such as Ayondo and No Signboard, have seen 80 per cent of their...

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