“Through this memorandum of intent (MOI), both parties aim to lower the access barriers for technology companies into the capital markets, catalyse more high-tech IPOs and increase Singapore’s attractiveness as a venue for capital raising,” SGX and ... ( read original story ...)
Singapore government and SGX launch their drive for more tech IPOs
The Singapore Exchange (SGX) and the Infocomm Media Development Authority (IMDA), the Singaporean government’s main ICT and media industry regulator, have today signed a memorandum of intent (MoI) aimed at easing the path to IPO for local and foreign ... ( read original story ...)
Sanli seeks to raise $9.7m through IPO
At 22.5 cents a share, and with a post-IPO share capital of 268.7 million ... Hock Heng founded the company in 2006 with his colleagues from Dayen Environmental, a Singapore-listed water and waste treatment company now known as Moya Holdings Asia. ( read original story ...)
HRnetGroup readies for $175m IPO
In Singapore, the group has a market share of 20.5 per cent. Last year, HRnetGroup pulled in $365 million in revenue and achieved a net profit of $41 million. All growth has been organic and the group has turned a profit every year except in 1998. ( read original story ...)
Singapore slaps fines on Credit Suisse and UOB in money laundering probe of Malaysian development fund
Monetary Authority of Singapore said it has fined Credit Suisse and United Overseas Bank for 1MDB-related lapses. The central bank said it completed its two-year investigation into 1MDB fund flows, which saw it shut down and fined several financial ... ( read original story ...)
AlphaGo And The Future Of The Stock Market
How would a potential “god of the stock market” be used then ... only and is not intended to be personalised investment or financial advice. Motley Fool Singapore contributor Stanley Lim doesn’t own shares in any companies mentioned. ( read original story ...)
Recruitment firm HRnetGroup going for $175m IPO on SGX
SINGAPORE -HRnetGroup, Singapore's largest recruitment firm, has lodged a preliminary prospectus for a listing on the mainboard of the Singapore Exchange with plans to start trading on June 16. The group expects to raise up to S$175 million by issuing 194 ... ( read original story ...)
Singapore Shares Likely Rangebound On Monday
The Singapore stock market on Friday ended the three-day winning streak in which it had picked up more than 20 points or 0.6. The Straits Times Index now rests just beneath the 3,220-point plateau and it is looking at little movement on Monday. The global ... ( read original story ...)
Win Streak May Continue For Singapore Shares
The Singapore stock market has climbed higher in three straight trading days, gathering more than 20 points or 0.6 percent along the way. The Straits Times Index now rests just beneath the 3,235-point plateau the market is expected to extend its gains on ... ( read original story ...)
bizEDGE NZ – NZ IP specialist expands to Asia with IPOS partnership
The multi-year co-operation between EverEdge and IP ValueLab aims to support Singapore in its goal to help enterprises scale up and drive economic growth. IP ValueLab is a subsidiary of the Intellectual Property Office of Singapore (IPOS). EverEdge and IP ... ( read original story ...)
Sea Files $1B IPO In US – Growth Step For The Brand But Another Point Lost For SGX
According to CNBC, the Singapore-based startup quietly filed for an IPO worth $1 billion with the US Securities & Exchange Commission. The listing is tentatively set for 2018, but no final decision have been made. If it goes through, Sea would become the ... ( read original story ...)
Singapore start-up said to file for US$1 billion IPO in the US
HONG KONG/SINGAPORE — Sea Ltd, South-east Asia’s most valuable start-up, has filed confidentially for a potential US initial public offering that could raise about US$1 billion (S$1.39 billion), according to people with knowledge of the matter. ( read original story ...)
Southeast Asia’s Biggest Startup Files for $1 Billion IPO, Sources Say
The Singapore-based company, formerly known as Garena ... companies with less than $1 billion in annual revenue can file for an IPO with the SEC privately and work out the details outside the public eye. The company, founded in 2009 by entrepreneur ... ( read original story ...)
Singapore bourse nears deal with regulator for start-up IPOs
Singapore: Singapore Exchange Ltd is nearing a deal with the city’s technology regulator to develop a system designed to encourage local start-ups to list on the bourse, according to people familiar with the matter. Under the agreement, the bourse ... ( read original story ...)
Malaysia’s Lotte Chemical sets ceiling price for $1.4 billion IPO: IFR
SINGAPORE/KUALA LUMPUR Malaysia's Lotte Chemical Titan Holding [TTNP.UL] has set a ceiling price of 8 ringgit a share for its planned IPO, giving it a total size of up to 5.9 billion ringgit ($1.37 billion), IFR Asia reported, citing three sources with ... ( read original story ...)
Singapore Post Limited’s Stock Is Down 18% Over The Last 12 Months: Here’s Why
Over the last 12 months, Singapore Post’s stock price has declined by 18% ... Meanwhile, the latter is about the overall mood of market participants – are investors more greedy than fearful, more pessimistic than optimistic et cetera? ( read original story ...)