Tech IPO

MARK TO MARKET

Nacho versus Taco: Are these Tex-Mex themes about to give investors in Singapore indigestion?

Mega-cap listing aspirants may draw liquidity away from less exciting companies around the world

Linkerbot says it has a more than 80% share of the global high-degrees-of-freedom dexterous robotic hand market. 

Robotic hand maker Linkerbot is said to consider Hong Kong IPO

It said in February it completed a 1.5 billion yuan Series B fundraising round

Companies need solid balance sheets, strong pricing power and investment narratives aligned with geopolitical currents.
MARK TO MARKET

From butter to guns: Why defence stocks are outperforming the S&P 500

If the new dual-listing bridge attracts companies that fail to perform, it may erode rather than enhance the vibrancy of the Singapore market

SpaceX is reportedly seeking a valuation at IPO of more than US$2 trillion.
MARK TO MARKET

SpaceX’s IPO may hold lessons for Singapore

When companies go public, their founders and managers should communicate a big vision rather than a plan to just deliver incremental gains

Some banks have agreed to spend tens of millions of dollars a year on the chatbot and have begun integrating it into their IT systems.

Musk asks SpaceX IPO banks to buy Grok AI subscriptions, NYT reports

[BENGALURU] Elon Musk is requiring banks and other advisers working on SpaceX’s planned initial public offering (IPO) to buy subscriptions to Grok, his artificial intelligence chatbot, The New York Ti...

The public offering, expected in June, is estimated to value the rocket company controlled by founder and CEO Elon Musk at US$1.75 trillion.

SpaceX lines up 21 banks for mega IPO, code-named project Apex

The public offering, expected in June, is estimated to value the rocket company controlled by Elon Musk at US$1.75 trillion

Grab is proposing to double the voting rights of its Class B shares from 45 votes to 90, a move that could entrench founder and CEO Anthony Tan’s voting rights close to 75%.
THE SHARPE EDGE

A (dual) class act to follow in SGX’s path to dual listings

Some believe that Singapore’s dual-class regime remains a path less trodden simply because it was rolled out in no-man’s-land

Toku offered 63 million placement shares and two million public offer shares at S$0.25 each.

Customer experience platform Toku closes 14% above IPO price on Catalist debut

The company offers AI-based cloud communications services to businesses

MAS says the use of a single set of offer documents will be facilitated by requiring the Singapore prospectus to contain information already needed for a listing in the US.
MARK TO MARKET

SGX-Nasdaq bridge may be a model for more dual-listing arrangements with other jurisdictions

With the STI delivering strong returns, companies that choose to list in Singapore have to be prepared to compete for the attention of local investors

MiniMax joins a wave of Chinese AI firms that have rushed to raise funds to accelerate their expansion amid support from Beijing to bolster home-grown champions in the sector.

MiniMax, China’s second ‘AI tiger’ to go public, doubles in value on Hong Kong debut

The listing, which raises HK$4.8 billion in its IPO to fund R&D, easily outshines a solid 13% climb in Thursday’s debut by Zhipu AI