IPO

IPO

SLB Development says public tranche of IPO 20.6 times subscribed

SINGAPORE (Apr 19): SLB Development, the property developer which was spun off from construction company Lian Beng, said the public tranche of its IPO was 20.6 times subscribed.

Del Monte's Philippine unit files for IPO of up to $428 million

(Feb 6): The Philippine unit of Del Monte Pacific plans to raise up to US$324 million ($428 million) through a public share sale to pay existing loans, the company said on Tuesday.

Broker's Calls

SGX started at 'buy' on cyclical upturn

SINGAPORE (Dec 20): Maybank Kim Eng is initiating coverage on Singapore Exchange (SGX) with a “buy” call and a target price of $8.30.

Broker's Calls

Manulife US REIT kept at 'buy' on expectations of rising rents & stable capital values

SINGAPORE (Nov 29): DBS Vickers Securities is reiterating its “buy” call on Manulife US REIT with a lower target price of 99 US cents ($1.33) compared to US$1.07 cum rights.

IPO

Keppel-KBS US REIT launches US$533.1 mil IPO

SINGAPORE (Nov 2): Keppel-KBS US REIT has launched its US$553.1 million ($752 million) initial public offering, giving investors exposure to the US office real estate sector.

IPO

Rocky waters ahead for Sea as share price drops 3 days in a row after IPO

(Oct 26): Sea shares fell for the third day in a row and dropped below their initial public offering price, a rocky start as a public company for the Singapore games startup.

Ayondo abandons RTO for IPO

SINGAPORE (Oct 11): Social trading platform Ayondo abandons RTO for IPO will seek a listing through an Initial Public Offering (IPO) instead of a Reverse Takeover (RTO) as announced in mid 2016.

APAC Realty opens at 69.5 cents on trading debut

SINGAPORE (Sept 28): Shares in APAC Realty made its debut on Thursday, opening at 69.5 cents on Thursday morning.

IPO

Keppel unit and KBS Realty in talks to list REIT of US office assets: sources

SINGAPORE (Sept 7): KBS Realty Advisors, the US real-estate investment firm, is planning to raise about US$500 million ($673 million) via a Singapore initial public offering of some of its US office assets.

Aramco pits London against New York as Saudis pick IPO venue

(Aug 3): Saudi Arabia aims to sell about 5% of Saudi Aramco in an initial public offering next year, and stock exchanges from the UK to Japan are vying for what may be the world’s richest IPO.
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