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Tag: ipo

Posted on 15/06/2021

Singapore’s Carro becomes a unicorn before IPO

Singapore-headquartered Carro, a Southeast Asian online automotive marketplace, has raised $360 million in its latest funding round led by SoftBank Vision Fund II. ( read original story ...)

Posted on 15/06/2021

Alibaba Health-backed medical data company LinkDoc files for US IPO

The Beijing-based company, which offers cancer-focused healthcare services, reported a 41% jump in revenue for the three months ended March 31. ( read original story ...)

Posted on 14/06/2021

Day 1: Sona Comstar’s Rs 5,500 crore IPO gets off to a muted start

The IPO was subscribed merely 11 per cent at the end of day one. At 5:00 pm, only 1,13,93,298 shares of the company received bids out of a total issue of 10,71,05,262 suggesting that the IPOs rich ... ( read original story ...)

Posted on 14/06/2021

Bank of Singapore: Fed May Only Start Tapering in Early 2022

Bank of Singapore Chief Economist Mansoor Mohi-uddin thinks the Fed may only start tapering in early 2022. He was speaking with Rishaad Salamat and Haslinda Amin on ": Asia." (Source: Bloomberg) ... ( read original story ...)

Posted on 14/06/2021

Ex-lawyer sued for $8m he is accused of misappropriating in alleged bank acquisition fraud

A businessman claims Then Feng misled him into depositing the money in a company set up by the lawyer.. Read more at straitstimes.com. ( read original story ...)

Posted on 14/06/2021

BBDO Singapore’s Monica Hynds: “We Need Our Clients to Push Boundaries with Us”

Little Black Book, The general manager on why she believes opportunities need to be looked for carefully and her frustrations with pitches ... ( read original story ...)

Posted on 14/06/2021

Sona Comstar IPO opens today: Everything you need to know

The Rs 5,550 crore initial public offering (IPO) of Sona BLW Precision Forgings will be available for subscription from June 14-16, 2021. It has a price band of Rs 285-291 per share. ( read original story ...)

Posted on 14/06/2021

Sona Comstar IPO Opens For Bidding. Should You Invest?

The company will use the IPO proceeds to repay debts and for general corporate purposes. Promoted by Sunjay Kapur, Sona Autocomp and Singapore Topco, Sona Comstar designs and manufactures mission ... ( read original story ...)

Posted on 14/06/2021

Sona Comstar IPO subscribed 3%, retail portion booked 16% on day 1

The public issue received bids for 26,95,860 equity shares against the offer size of over 10.71 crore equity shares, the subscription data available on exchanges showed. ( read original story ...)

Posted on 14/06/2021

Sona Comstar IPO opens today: Should you subscribe to the issue?

Sona Comstar will launch its initial public offering (IPO) today.  The auto component maker plans to raise Rs 5,550 crore through the share sale. The IPO comprises fresh issue of shares amounting to ... ( read original story ...)

Posted on 14/06/2021

Four IPOs to hit markets next week; companies eye Rs. 9,123 crore

The initial public offering (IPO) market is expected to recover due to the launch of initial share-sales by four firms scheduled next week that is expected to raise Rs. 9,123 crore (US$ 1.25 billion) ... ( read original story ...)

Posted on 14/06/2021

Sona Comstar IPO opens today: Should you take the ride?

The Rs 5,550-crore Sona Comstar IPO consists of fresh issue of Rs 300 crore and an offer for sale of Rs 5,250 crore. The price band is fixed at Rs 285-291/share. Read on to know what the brokerages ar ... ( read original story ...)

Posted on 14/06/2021

Singapore Salary Guide: How The Median Income Has Increased Over The Years (And Why This Figure Really Should Not Matter)

For every Singaporean who wants to know how they are doing compared to everyone else, especially during a pandemic, we can refer to the median income information published by the Ministry of Manpower ... ( read original story ...)

Posted on 13/06/2021

Four IPOs to hit markets next week; cos eye Rs 9,123 crore

Auto component maker Sona Comstar's Rs 5,550-crore IPO comprises fresh issue of shares amounting to Rs 300 crore and an offer-for-sale (OFS) aggregating up to Rs 5,250 crore by selling shareholder ... ( read original story ...)

Posted on 13/06/2021

Sona Comstar IPO: Here’s All You Need To Know

The auto-parts maker will sell shares at Rs 285-291 apiece in its three-day initial public offering starting on June 14. ( read original story ...)

Posted on 13/06/2021

4 IPOs to hit markets next week, which one should you invest in?

Shyam Metalics and Energy Ltd and Sona BLW Precision Forgings (Sona Comstar) will launch their IPOs on Monday, while Krishna Institute of Medical Sciences and Dodla Dairy will be open for public ... ( read original story ...)

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