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In print this week
Will Serial System's HK spinoff give it the valuation it seeks?
SINGAPORE (June 22): Electronic parts distributor Serial System is set to spin off its Hong Kong subsidiary, Serial Microelectronics (HK), in a listing on the Stock Exchange of Hong Kong.
June 22, 2018
MyRepublic considers Hong Kong listing as early as December 2019
SINGAPORE (June 6): Singapore-based Internet provider MyRepublic Group is weighing an initial public offering in Hong Kong as early as December 2019 to fund expansion of its cloud-based broadband and mobile platform.
June 06, 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
3 reasons why US firms are taking longer to go public
SINGAPORE (Jan 9): It was an encouraging 2017 for the S&P 500, booking a full year of monthly total gains for the first time ever. But the elephant in the room still remains about the shrinking pool US companies going public.
January 09, 2018
MyRepublic secures $70 mil in funding; to launch MVNO service in 2018
SINGAPORE (Nov 22): Broadband provider MyRepublic has secured a $70 million investment from Makara Innovation Fund to accelerate its growth in current markets as well as scale up product and service offerings.
November 22, 2017
IPO
MindChamps lodges IPO prospectus; to sell 30.4 mil shares at 83 cents
SINGAPORE (Nov 17): MindChamps PreSchool, the operator and franchisor of premium-range preschool centres in Singapore, has registered its initial public offering (IPO) prospectus with the Monetary Authority of Singapore (MAS) to list on the Mainboard of t
November 17, 2017
Lian Beng to spin off property development business with Catalist listing
SINGAPORE (Oct 12): Lian Beng Group, the construction company and property developer, is exploring a possible spinoff of its property development business with a listing on the Catalist board.
October 12, 2017
IPO
Lion-Phillip S-REIT ETF commences IPO at $1 per unit
SINGAPORE (Oct 2): Asset management companies Lion Global Investors and Phillip Capital Management have announced the launch of their jointly-owned and managed exchange-traded fund (ETF), Lion-Phillip S-REIT ETF with an initial public offering (IPO) of $1
October 02, 2017
IPO
Cromwell launches $1.5 bil CEREIT IPO in Singapore
SINGAPORE (Sept 18): Cromwell European Real Estate Investment Trust (CEREIT) today launched an initial public offering of up to 927 million euros ($1.5 billion) in Singapore.
September 18, 2017
Property
Property giant Cromwell faces credit rating downgrade from Moody’s
SINGAPORE (Sept 18): Ratings agency Moody’s Investor Service is mulling a potential credit rating downgrade on ASX-listed Cromwell Property Group due to its high level of debt.
September 18, 2017