global IPO

Testing valuations “We took corrosion away and put anti-corrosion paint and fortified the hull. The priority of the US$23 million was the structural integrity of the hull and anything related to safety, specifically fire, and we put in US$3 milli

SINGAPORE (Aug 23): Saudi Arabian Oil Co is focusing on buying a strategic stake in chemical giant Saudi Basic Industries Corp, putting work on its potential initial public offering on hold, according to people familiar with the matter.

SINGAPORE (Sept 28): The Singapore Exchange (SGX) has emerged as Asean’s top initial public offering (IPO) market performer for the third quarter of 2017 with proceeds of US$1.7 billion ($2.3 billion).