SGX

Singapore’s next mandate: Turning the SGX-Nasdaq ‘bridge’ into durable growth

Every player in our capital market ecosystem must pitch in to drive the success of the initiative

The buy marks the fifth such action taken by the manager in a week, after buying shares between Dec 4 and Dec 9.

Ultragreen.ai’s stabilising manager buys 2.3 million shares in fifth stabilising action since IPO

Citigroup Global Markets Singapore has now bought around 17.7 million shares of the medical technology company’s shares

The offer price of S$0.64 per share represents a 9.1% discount to the volume-weighted average price of S$0.704 for trades done on Dec 9.

Ever Glory to offer 2 million new shares at S$0.64 each ahead of proposed transfer to mainboard

It will raise around S$1.2 million in net proceeds if the offer is fully subscribed

The updated list of index constituents takes effect at the start of trading on Dec 22..

Mainboard debutants YZJ Maritime, Centurion Accommodation Reit among additions to iEdge Singapore Next 50 indices

The combined weightage of these two counters and Golden Agri-Resources will be around 9%

Some small and mid-cap companies do not place much emphasis on investor relations, partly due to limited resources.

Small and mid-cap firms hope Value Unlock measure will boost understanding of their businesses

This could lead to better market valuations and stronger investor confidence

Ultragreen.ai's initial public offering is Singapore's biggest since 2017, excluding real estate investment trust listings.
BROKERS’ TAKE

UOBKH initiates coverage on UltraGreen.ai with ‘buy’ on optimistic growth outlook

The company is well-positioned to benefit from potential expansion in the fluorescence-guided surgery market, say UOBKH analysts

"SGX Group is not exploring or considering an acquisition of Cboe Australia,” a spokesperson for the exchange said.

SGX not exploring or considering bid for Cboe Australia

[SINGAPORE] Singapore Exchange said it’s not considering buying Cboe Global Markets’ Australian unit, refuting an earlier Australian Financial Review report.

UltraGreen.ai raises US$150 million and debuts with a market capitalisation of US$1.6 billion.

UltraGreen.ai closes up 4.8% on SGX trading debut in largest non-Reit IPO since 2017

It ends the day US$0.07 higher at US$1.52 after hitting a high of US$1.62 in the morning