I wrote this article for the Share Investment Conference prior to the recent small caps "meltdown". Reproduce here for your convenience now that the event is over.
The Singapore IPO market continues to be buoyant in the first eight months where we witnessed an exciting "fight" between SPH REIT and OUE Hospitality Trust. Unfortunately, the Singapore IPO scene has been far dominated by the listings of mainly REITs and Business Trusts. Good companies trying to list here have been few and far in between, with only a handful of oil & gas companies such as KrisEnergy and Rex International, trying their best to light up the local IPO market. With the market currently in doldrums, it will be a challenge to see any strong pipeline of IPOs in the coming few months.
Let's now do a recap on the companies trying to IPO in the Singapore market for the first ...
...The Singapore IPO market continues to be buoyant in the first eight months where we witnessed an exciting "fight" between SPH REIT and OUE Hospitality Trust. Unfortunately, the Singapore IPO scene has been far dominated by the listings of mainly REITs and Business Trusts. Good companies trying to list here have been few and far in between, with only a handful of oil & gas companies such as KrisEnergy and Rex International, trying their best to light up the local IPO market. With the market currently in doldrums, it will be a challenge to see any strong pipeline of IPOs in the coming few months.
Let's now do a recap on the companies trying to IPO in the Singapore market for the first ...
