SUBSCRIBERS

Singapore-listed equity offerings strongest since 2014

6.1% increase compared to first 9 months of 2017 driven by follow-on offerings that raised US$3.3b

Published Mon, Sep 17, 2018 · 09:50 PM

Singapore

SINGAPORE-LISTED equity offerings totalled US$3.8 billion so far this year, a 6.1 per cent increase in proceeds compared to the first nine months of 2017 - the strongest first nine-month period since 2014.

This was driven by follow-on offerings that raised US$3.3 billion, up 130.3 per cent from a year ago, according to Thomson Reuters data.

Copyright SPH Media. All rights reserved.