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Singapore economy
Back to the future and a step up for Singapore
Instead of lamenting SGX’s relative success in a tough world of derivative competition, let us work constructively to play our par
October 13, 2022
Corporate moves
Tat Seng Packaging proposes spin-off and listing of Suzhou subsidiary on 'suitable stock exchange'
Shares in Tat Seng Packaging closed 4 cents higher or 6.3% up at 68 cents on Feb 25.
February 25, 2021
IPO
Why Airbnb's IPO may have a lot of room to run
Seeking to raise nearly $5.4 bil, Airbnb’s IPO in mid-December will be the biggest since the pandemic forced a global shutdown.
November 20, 2020
Spinoff and listing
Let us raise a glass to the ThaiBev listing
(Dec 9): Former US President Franklin D Roosevelt (FDR) helped win World War II, but his memory will ring long with beer drinkers for another reason. The US had outlawed alcohol from 1920 to 1933. This gave rise to illicit booze, which created an unmanage
December 06, 2019
IPO
Will Alibaba's Hong Kong listing end in tears?
SINGAPORE (Nov 25): Farmers have prospered by making hay while the sun shines. Alibaba Group Holding, the e-commerce giant, is following suit. Its Hong Kong listing on Nov 19 is impeccably timed. It is raising US$13 billion ($17.7 billion) to fund its exp
November 22, 2019
IPO
Wilmar eyes regulators' nod for China IPO in early 2020
(Nov 21): Singapore agribusiness Wilmar International hopes to receive regulatory approval early next year for the initial public offering of its China business, Yihai Kerry Arawana Holdings (YKA), it said on Thursday.
November 21, 2019
Property
Lendlease reportedly gunning for US$500 mil with intended retail REIT listing on SGX
SINGAPORE (Mar 19): Australia-listed developer Lendlease Group is planning to list a real estate investment trust (REIT) of its retail assets on the Singapore Exchange, according to sources of Thomson Reuters’ IFR Asia.
March 19, 2019
Malaysia
Mahathir says some Malaysian state-owned entities may be listed
KUALA LUMPUR (Mar 19): Malaysia may list certain state-owned entities to cut government debt and liabilities, Prime Minister Mahathir Mohamad said on Tuesday as it seeks new revenue sources to boost its fiscal position.
March 19, 2019
IPO
Grand Venture Technology public tranche 15.7 times subscribed; trading starts on Wed
SINGAPORE (Jan 22): Grand Venture Technology (GVT) says its $13.2 million initial public offering (IPO), which closed on Monday at 12 noon, successfully placed out all 42.9 million of its new shares at 27.5 cents.
January 22, 2019
IPO
F&B operator Koufu lodges preliminary prospectus for IPO on SGX Mainboard
SINGAPORE (June 28): Koufu Group, the operator and manager of food and beverage (F&B) establishments in Singapore with a presence in Macau, has lodged its preliminary prospectus with the Monetary Authority of Singapore (MAS) for a Mainboard listing on the
June 28, 2018