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Singapore IPO value jumps four times to US$2.2b in 2019

Republic's tally boosted by Reits; Thailand leads regional markets: Deloitte analysts

Published Tue, Nov 26, 2019 · 09:50 PM

Singapore

SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA Hospitality.

As at Nov 15, the Singapore Exchange (SGX) raised a total of US$2.26 billion in proceeds from 11 IPO deals against US$551 million from 15 deals last year, according to a Deloitte report.