listing

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. 

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.

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

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.

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.

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

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.

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

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.

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.  
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