First biotech IPO looks to raise US$457m

Singapore sovereign wealth fund GIC agreed to buy US$75 million of stock as a cornerstone investor. Hangzhou-based Ascletis Pharma filed for its planned Hong Kong IPO in May, becoming the first biotec... ( read original story ...)

Koufu opens above IPO price at $0.65

FOOD court operator Koufu Group on Wednesday made its debut on the Singapore Exchange’s (SGX) mainboard at S$0.65, 2 cents or 3.2 per cent up on its initial public offering price of S$0.63 according t... ( read original story ...)