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IPO
IPO
Guess where Brunei's largest bank is listing?
KUALA LUMPUR (June 13): Brunei's largest lender, Bank Islam Brunei Darussalam, aims to raise as much as US$500 million ($691 million) in the very first listing of a firm from the sultanate.
June 13, 2017
IPO
Sanli Environmental says IPO offering 12.8 times subscribed
SINGAPORE (June 7): Sanli Environmental says it received strong investor interest for its IPO of 52 million new shares at 22.5 cents each, in conjunction with its listing on the Catalist board of the Singapore Exchange.
June 07, 2017
IPO
Southeast Asia's biggest startup said to file for US$1 bil IPO
SINGAPORE (May 24): Sea, Southeast Asia’s most valuable startup, has filed confidentially for a potential US initial public offering that could raise about US$1 billion ($1.4 billion), according to people with knowledge of the matter.
May 24, 2017
In print this week
This stock is orbiting into new horizons
SINGAPORE (April 21): Addvalue Technologies (AVT) is perfecting a system that could enable satellites orbiting the earth to communicate with one another, and be used more efficiently.
April 21, 2017
IPO
Q&M spinoff Aoxin to place out 57 mil new shares at 20 cents each in listing
SINGAPORE (March 31): Aoxin Q&M Dental Group is planning to raise net proceeds of about $9.1 million via a proposed listing on Catalist.
March 31, 2017
Broker's Calls
Singapore telco sector’s likely return to 3-player oligopoly viewed as ‘favourable’
SINGAPORE (March 27): UOB Kay Hian is reiterating its “buy” call on Singtel with a target price of $4.53, while keeping its “overweight” view on telecommunications sector after assessing the impact of increased competition with the entry of the
March 27, 2017
Kimly IPO 8.3 times subscribed
SINGAPORE (March 18): Kimly, the traditional coffee shop operator, announced its initial public offering of new shares at 25 cents each was 8.3 times subscribed.
March 18, 2017
Broker's Calls
Coffeeshop operator Kimly looks attractive, but here’s why KGI is not biting
SINGAPORE (March 13): Coffeeshop operator Kimly might look attractive based on relative valuation, but lacks any compelling, sustainable competitive advantage, says KGI Securities in an unrated report on Monday.
March 13, 2017
In print this week
What’s cooking at Kimly?
SINGAPORE (March 10): Lim Hee Liat, the founder of coffeeshop operator Kimly Group, was a regular “kopi kid” whose life revolved round coffeeshops.
March 10, 2017
IPO
Singtel hires three banks for share sale of fibre broadband unit
SINGAPORE (Feb 9): Singapore Telecommunications, the city-state’s largest phone company, said it has hired three banks as it prepares for an initial public offering to divest more than 75% of its wholly-owned fibre broadband network unit NetLink Trust.
February 09, 2017