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Depressed small- and mid-caps ready for new dawn in 2017

In print this week

Depressed small- and mid-caps ready for new dawn in 2017

Zavier Ong Published on Fri, Jan 06, 2017 / 5:29 PM GMT+8

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SINGAPORE (Jan 6): A total of 27 privatisations wiped a collective $13.2 billion in market capitalisation off SGX in 2016.

These include iconic local names such as traditional Chinese medicine firm Eu Yan Sang, budget carrier Tiger Airways, lifestyle products company OSIM International, property developer Sim Lian Group, transport operator SMRT Corp, and container shipping company Neptune Orient Lines.

The spate of delistings attracted lots of attention from investors and traders, who worried that the stock market was being hollowed out.