The Business Times
business-time-50
HOCK LOCK SIEW

The privatisation offer for this small Catalist company could cause SGX some discomfort

The proposal to take Singapore Paincare private comes a mere five years after IPO, and highlights the local bourse’s chronic lack of liquidity

Summarise
google-preferred-sourceAdd BT as a preferred source
Megan Cheah

Megan Cheah

Published Tue, Jun 3, 2025 · 06:42 PM
    • Singapore Paincare CEO Dr Bernard Lee (above) and COO Dr Jeffrey Loo are looking to take the company private at S$0.16 per share.
    • Singapore Paincare CEO Dr Bernard Lee (above) and COO Dr Jeffrey Loo are looking to take the company private at S$0.16 per share. PHOTO: BT FILE

    [SINGAPORE] Amid a flurry of delistings from the Singapore Exchange (SGX), one more privatisation offer – especially that for a small Catalist player – should not make much of a difference.

    After all, the local bourse looks on pace to hit at least 20 delistings or privatisation offers in the first half of this year.

    Already, firms such as offshore oil-and-gas contractor Dyna-Mac and software company Silverlake Axis have delisted this year.

    Hock Lock SiewSingapore PaincareDelistings

    TRENDING NOW

    Galven Tan has resigned to pursue new opportunities, says Knight Frank Singapore. 

    Knight Frank Singapore CEO Galven Tan resigns after 2.5 years at helm

    National Development Minister Chee Hong Tat says: “The best way is for the government to shape behaviours with the judicious use of market-based incentives, where possible.”

    ABSD deadline extended to up to 7 years for developers of large en bloc sites to encourage reuse of land

    National Development Minister Chee Hong Tat noted that the public housing market has seen a moderation in resale flat prices over the past few quarters, following multiple rounds of cooling measures as resale prices surged.

    15-month wait-out curb lifted for private property owners buying HDB resale flats

    The income upgrade has rendered the Philippines “too wealthy” to qualify for the concessional foreign aid and development loans.

    Philippines’ income upgrade hides grim reality for most Filipinos

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More