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Catalist
Management & Corporate Governance
Corporate governance advocate urges SGX to relook rules allowing companies to transfer to Catalist
SINGAPORE (Jan 15): Corporate governance advocate Mak Yuen Teen and undergraduate Mark Lai have published a study urging the Singapore Exchange (SGX) to consider disallowing companies from transferring from the Mainboard to Catalist.
January 15, 2019
IPO
Medinex placing out 30 million shares to raise $7.5 mil ahead of Catalist listing
SINGAPORE (Dec 1): Medinex, the provider of professional support services to medical clinics, is selling 30 million shares at $0.25 each to raise $7.5 million.
December 01, 2018
IPO
Cennerv lodges prelim offer documents for Catalist listing, to acquire US subsidiary with proceeds
SINGAPORE (Sept 21): Cennerv Pharmaceuticals on Wednesday lodged its preliminary prospectus ahead of its planned initial public offering (IPO) on the SGX Catalist board.
September 21, 2018
SGX introduces new framework for listing of mineral and oil & gas firms at early development stages
SINGAPORE (July 24): The Singapore Exchange (SGX) is amending its Mainboard and Catalist listing rules for the mineral, oil and gas (MOG) sector, enabling companies at an earlier stage of development to list.
July 24, 2018
IPO
Clearbridge BioMedics receives $6.6 mil in pre-IPO funding ahead of targeted 4Q launch
SINGAPORE (June 28): Clearbridge BioMedics has announced $6.6 million in pre-initial public offering (IPO) funding from oncology medical professionals, as well as investors focused in healthcare & biotechnology.
June 28, 2018
Addvalue Technologies to spin off and list subsidiary via distribution in specie
SINGAPORE (June 12): Addvalue Technologies has released more details about the proposed spinoff and listing of wholly-owned subsidiary, Addvalue Solutions (AVS).
June 12, 2018
IPO
Asian Healthcare Specialists' IPO placement fully subscribed
SINGAPORE (Apr 18): Orthopaedic group Asian Healthcare Specialists (AHS) says it has successfully completed the placement for its initial public offering (IPO), raising $10.8 million in gross proceeds.
April 18, 2018
Results
LY Corp posts 17.8% earnings growth to $17.3 mil for FY17
SINGAPORE (Mar 12): Malaysia-based furniture maker LY Corp today posted a full year profit of RM51.2 million ($17.3 million) for FY17, up 17.8% from RM43.5 million in FY16 on higher sales.
March 12, 2018
Broker's Calls
Promise of higher dividends mitigate currency risk for LY Corp, says NRA Capital
SINGAPORE (Jan 30): NRA Capital likes LY Corporation, the original design manufacturer of wooden bedroom furniture, for what it sees as a positive mix of growth and dividend plans to come.
January 30, 2018
IPO
SGX to face stiffer competition from regional bourses this year: PwC
SINGAPORE (Jan 3): Singapore ended the past year with a total of 20 initial public offerings (IPOs) and $4.7 billion of total funds raised – the highest in the past four years and a stellar showing for 2017, according to a report launched today by Price
January 03, 2018