SUBSCRIBERS
Trans-cab calls off IPO a second time amid virus outbreak
Published Wed, Jan 29, 2020 · 09:50 PM
Singapore
FIRST, it was a prick from a poison letter. This time round it's a Made-in-China virus threatening to send global stock markets into a tailspin.
On Wednesday, Singapore's second largest taxi operator by fleet size, Trans-cab Holdings, was forced to postpone its second attempt to list on the Singapore Exchange (SGX), citing bad market conditions.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
EU toughens rules on Chinese fashion retailer Shein
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales