IPO outlook

“Bringing in the people we serve as owners of Wise is something I’ve long wanted to do." - Wise CEO Kristo Käärmann

Singapore’s IPO market is set to pick up with a slew of listings by year-end. But can the momentum be sustained?

Bumble could seek a valuation of $6 billion to $8 billion, says a source familiar with the company.

The one-year-old Star board of tech start-ups in Shanghai has become one of the world’s top three IPO venues

Stronger trading interest from the small boys have helped lift the market. Is Singapore Exchange able to sustain its attractiveness for both institutional and retail investors?

When Hong Kong companies list outside their home market, Singapore has traditionally been on the shortlist. Of the 700-odd companies currently listed on the Singapore Exchange (SGX), 24 are domiciled in Hong Kong, according to Bloomberg data.

Singapore has pocketed 41 REIT IPOs, of which seven foreign-currency-denominated ones are the most globally. Hong Kong, the world’s top initial public offering venue last year, has just 11.

In its December IPO round, Saudi Aramco had already raised a record US$25.6 billion, indicating that it could sell additional shares through over-allotment.

SINGAPORE (Jan 10): Singapore’s IPO performance improved significantly in 2019 in terms of the to­tal funds raised. A total amount of $3.1 billion was raised during the year, which was more than fourfold the $730 mil­lion raised in 2018. However, othe