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.

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.

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.

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.  

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.

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).

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.

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.

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.

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
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