Singapore IPO proceeds plummeted 20% to US$408m

Small-cap listings dominated the market amidst uncertainty and trade tensions. The number of Singapore initial public offerings (IPO) YTD plunged by 30% to seven, bringing their proceeds down as well by 20% to US$408m, EY revealed. According to its global ... ( read original story ...)

ThoughtWorks and AI Singapore Sign Memorandum of Understanding

Agreement will promote training and further Research & Development in AI and analytics in Singapore SINGAPORE, July 4, 2018 /PRNewswire/ -- ThoughtWorks, a global software and digital transformation consultancy, and AI Singapore signed a Memorandum of ... ( read original story ...)

10 Singapore Investment Blogs, Websites & Resources to Follow

As a paid member, you also get access to a wealth forum and investment reports on SGX stocks. My 15 Hour Work Week One of Singapore’s most well-known finance bloggers, the author entered semi-retirement in his early thirties and writes about a number of ... ( read original story ...)

Half-Time Report: How IPOs In Singapore Are Faring In 2018?

The Singapore Initial Public Offering (IPO) market has seen another lacklustre year with eight company listings, one reverse takeover (RTO) and one bond listing in the year-to-date 2018. Despite the challenges SGX has been facing and a depressed market ... ( read original story ...)

Warburg Pincus-Backed Trax Raises $125 Million Pre-IPO Funding

Trax, a Singapore-based startup serving the retail industry, raised $125 million in a funding round led by Boyu Capital as it advances plans for an initial public offering. The IPO could take place in the next 18 to 24 months and the company is already in ... ( read original story ...)

Last Week in Numbers: A Focus on Singapore

Singapore factory output growth accelerated in May, growing 11.1% year-on-year. This is faster than analysts’ estimates of a 10% growth and beat April’s 9.1% rise. Electronics, which makes up about a third of Singapore’s manufacturing output ... ( read original story ...)