Investors have snapped up a wide range of stocks. State-owned oil and gas company PTT, which has a large market capitalization, gained around 3%, while Siam Cement Group advanced by more than 2%. Retail property developer Central Pattana was up nearly 5% at one point.
Blockbuster IPOs in HK, KL could be start of more in Asia as investor confidence returns
A successful listing by a well-known company like Midea is expected to revive the Hong Kong market, where just US$2.5 billion in IPO funds has been raised this year, compared with US$22.1 billion ...
Asian stock market set to bounce back after shaky start, analysts say
SINGAPORE: In the wake of a turbulent first week of September, observers remain optimistic about the resilience of the Asian stock market. Despite a sell-off, analysts believe these markets can bounce ...
Investing in Singapore: A Comprehensive Guide
Singapore's economy demonstrated resilience with a 2.9% GDP growth in Q2 2024. The country is highly favored by investors due to its economic stability, robust real estate market, attractive dividend ...
Bajaj Housing Finance’s $782 million IPO fully subscribed in busy week for Indian floats
Bajaj Housing Finance's $782 million public offer was fully subscribed on the first day of bidding on Monday, kicking off the busiest week for Indian IPOs so far this year as companies seek to ...
Singapore stocks fell on Monday—STI dropped by 0.2%
The S&P 500 dropped 1.7% to 5,408.42. The tech-heavy Nasdaq Composite Index also declined, falling 2.6% to 16,690.83 ...
Weekly Singapore Stock Market Round Up: REITs Shine, but STI Faces Pressure
The Singapore Straits Times Index (SGX: ^STI) finished the week slightly lower, mirroring the broader global market volatility. While several REITs reached new highs, concerns over the US job data and ...
GIC-Backed Nium Pushes Back IPO Plans to Refocus on Growth
Singapore payments company Nium Pte is pushing back its plans for an initial public offering in the US by more than a year, focusing on shoring up its team and growing revenue.
From roadside stall to Malaysia’s biggest IPO in seven years: Wheelchair-bound Lee Thiam Wah is a billionaire as 99 Speedmart goes public today
The financial news site says its initial public offering of RM1.65 per share — Malaysia’s largest in seven years — will make Lee’s fortune at around US$3.3 billion (RM14 b ...
99 Speed Mart opens 12.1% higher on debut in Malaysia’s biggest IPO in seven years
Malaysia's 99 Speed Mart Retail opened higher in its stock market debut on Monday after the country's top mini-market chain retailer raised 2.36 billion ringgit ($542.8 million) in the country's ...
Bajaj Housing Finance IPO: Top 10 things to know — GMP, anchor investors, price band, shareholder quota & more details
The ₹6,560-crore IPO opens for public subscription on September 9, closing September 11. The sale aims to meet RBI’s requirement for NBFCs to be listed by September 2025.
Singapore-based fund to invest up to $10 million in Philippines solar company
Solar firm Upgrade Energy Philippines is seeing brighter growth prospects after securing a substantial investment from Singapore-based Clime Capital Management Pte. Ltd. Clime Capital, a fund ...
Singapore fund manager to invest in Upgrade Energy
Clime Capital Management Pte. Ltd., a Singapore-based fund manager which manages the South East Clean Energy Fund II (SEACEF II), said up to $10 million would be made available to Upgrade Energy ...
Bajaj Housing Finance IPO: Top 10 things to know — date, anchor investors, price band, GMP, shareholder quota & details
The ₹6,560-crore IPO opens for public subscription on September 9, closing September 11. The sale aims to meet RBI's requirement for NBFCs to be listed by September 2025.
Singapore stocks for your dividend delight: 3 SG companies just raised their bar
The company declared an interim dividend of S$0.03, up from S$0.025 a year ago. StarHub has committed to paying out at least S$0.06 in dividends per share for 2024.
Zepto IPO: Delivery startup picks Axis Capital, Goldman Sachs, Morgan Stanley as advisors, says report
Zepto has selected Axis Capital, Goldman Sachs, and Morgan Stanley as advisors for its IPO planned for August 2025, aiming to raise $450-500 million, as per a report. Valuation is pending, with the ...