initial public offering (IPO)

Broker's Calls

Wilmar's upcoming China listing expected to gain strong investor interest

SINGAPORE (July 2): DBS Group Research continues to rate Wilmar International a “buy” and back to its target price of $4.60, as in its previous report on Wilmar, DBS cut its $4.60 target price to $

Broker's Calls

Wilmar a 'buy' as it is one step closer to its China IPO

SINGAPORE (June 24): RHB Group Research is reiterating its “buy” call on Wilmar International with a new target price of $4.87 from $4.83 previously, as it is one step closer to its China listing.

IPO

Fewer IPOs ahead as companies pause their listing preparations, says SGX CEO

SINGAPORE (April 24): The Singapore Exchange (SGX) is expected to see a “slowdown” in equity listings owing to the disruptions caused by the novel coronavirus (Covid-19) pandemic, says CEO Loh Boon

In print this week

SGX's first DCS listing is a letdown

SINGAPORE (April 17): When the dual-class shares (DCS) structure for Singapore-listed companies was first mooted in 2016, the proposal generated quite a buzz.

CoVid-19

Asian financing volumes remain high; uncertainty in M&A activity: Refinitiv

SINGAPORE (Apr 16): Reuters’ financial and risk business, Refinitiv, found that Asian financing volume remain strong despite a slump in March.

Company in the news

Airbnb seeks to raise more debt as IPO prospects dim amid global crisis

(Apr 8): Airbnb Inc is in talks with investors to take on as much as US$1 billion ($1.4 billion) in additional debt after announcing a US$1 billion debt and equity deal Monday, according to people

Results

Don Agro posts 16.9% drop in FY earnings to $5.2 mil, proposes maiden dividend of 0.7 cent per share

SINGAPORE (Mar 31): Russia-based agricultural company Don Agro International saw its full-year earnings fall 16.9% to $5.2 million for FY2019 ended December, from $6.4 million a year ago.

IPO

Southeast Asia's IPO activity surges in 1Q despite Covid-19 standstill

SINGAPORE (Mar 30): Initial public offering (IPO) activity surged across Southeast Asia in 1Q2020, despite coming close to a standstill in March on the back of the Covid-19 outbreak.

IPO

United Hampshire US REIT closes 20% below IPO price on trading debut amid pandemic panic

SINGAPORE (Mar 12): Units in United Hampshire US Real Estate Investment Trust have closed at 64 US cents – a full 20% below its initial public offering (IP) price of 80 US cents – as it made its de

IPO

United Hampshire US REIT launches Singapore IPO at $1.12 per unit

SINGAPORE (Mar 3): The manager of United Hampshire US Real Estate Investment Trust has registered the prospectus for the proposed offering and listing of units of the REIT on the Mainboard of the S

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