Singapore Morning News For October 17

SINGAPORE non-oil domestic exports (NODX) slipped 1.1 per cent from a year ago in September after a 16.7 per cent jump in August, figures released by International Enterprise (IE) Singapore show. THE recent economic data in Singapore may paint a rosy ... ( read original story ...)

U.S. exchanges set for highest number of Asian IPOs since 2010

HONG KONG (Reuters) - U.S. exchanges are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already ... ( read original story ...)

Vincom set to raise up to $680m in record Vietnam IPO

The price range would mean that Warburg Pincus’s 4.8tn dong ($211m) investment will more than double in value after the IPO, with the group expected to reduce its ownership from 15.2 per cent to 4.89 per cent. Credit Suisse’s Singapore branch is set to ... ( read original story ...)

Mutual funds stock up on IPOs, large caps

Thanks to the advantage of capturing an early growth through IPOs, fund managers are making sure of their ... is likely to benefit from rebound in the Singapore refining margins—a benchmark regional refining margin—in the September quarter and stable ... ( read original story ...)

Singapore snaps up 10% of Glenveagh as housebuilder floats

The shares were sold in the IPO at a price of €1 each. Singapore’s GIC currently owns 10.2 per cent of Glenveagh, though this will fall to 9.4 per cent, subject to the additional shares being placed, according to a final prospectus on the deal ... ( read original story ...)

Saudis Weigh Delaying International Part of Aramco IPO

That would eclipse the $25 billion raised by Alibaba Group Holding Ltd. in 2014. London and New York exchanges are vying for a role in Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)

Aramco IPO may be delayed

That would eclipse the US$25bil raised by Alibaba Group Holding Ltd in 2014. London and New York exchanges are vying for a role in the Aramco IPO, with Hong Kong, Singapore, Tokyo and Toronto also trying to attract the sale. The Financial Conduct Authority ... ( read original story ...)

Singapore exports unexpectedly fall in September

SINGAPORE: Singapore’s key non-oil domestic exports unexpectedly fell in September as a recent rally in electronics shipments unraveled and pharmaceuticals exports continued to fall. Exports of goods made in Singapore fell 1.1% in September compared with ... ( read original story ...)