Busiest IPO week since 2021 mints US$4 billion for 6 newcomers
The initial public offering (IPO) market kicked into high gear this week, with sextet of deals raising more than US$4 billion in the busiest period since 2021. While five of the six…
Tag
ipo
From cheese recalls to Klarna’s IPO, this week in business had it all
This week served up a sampler platter of business stories with a little bit of everything: food recalls that had shoppers double-checking the fridge, a high-stakes immigration raid that…
Gemini Space Station IPO: Stock price will be closely watched today in Winklevoss crypto exchange debut
Another tech-focused company is going public. On Wednesday, the buy now, pay later firm Klarna Group finally made its public debut, one of a number of high-profile listings to take place…
Giorgio Armani’s Dual Wills Chart Path for Potential Stake Sale, IPO
MILAN – Giorgio Armani left not one but two wills, one dated March 15 and the other April 5. They were made public on Friday morning on several media outlets. Accordingly, Armani, who died…
CapitaLand Commercial C-Reit’s public offer 535 times subscribed; 2.29 billion yuan raised from its Shanghai IPO
CapitaLand Investment, CapitaLand China Trust and CapitaLand Development collectively hold 20% of IPO units The public tranche of the Shanghai initial public offering (IPO) of CapitaLand…
Winklevosses’ crypto exchange Gemini raises US$425 million in IPO
The firm offers a crypto exchange, a US dollar-backed stablecoin, crypto staking, digital asset custody and a credit card that offers rewards in crypto Gemini Space Station raised US$425…
Centurion soars 7.4% on the back of IPO for Centurion Accommodation Reit
Shares of Centurion soared nearly 7.4 per cent on Thursday afternoon (Sep 11) shortly after it gave details on the proposed listing of its Centurion Accommodation Reit on the main board.…
Centurion Accommodation Reit aims to raise S$1.5 billion through IPO
It will be the first pure-play purpose-built living accommodation Reit listed on SGX Mainboard-listed Centurion Corp is spinning off several of its worker accommodation properties into a…
Klarna IPO: Stock price will be closely watched today as the Swedish BNPL firm makes its market debut
Today, one of the most closely watched fintech initial public offerings of the year takes place. Shares of the buy now, pay later (BNPL) juggernaut Klarna Group make their stock market…
MetaOptics closes 20% up from IPO price on Catalist trading debut
The company’s placement of 30 million shares at S$0.20 apiece has brought in S$6 million Semiconductor optics company MetaOptics’ share price rose as much as 25 per cent on Tuesday (Sep 9)…
Potential IPO of UK company could boost Thakral’s financial position
Project Glow Topco is considering an IPO on the main market of the London Stock Exchange Thakral Corporation is hoping to benefit from the proposed London listing of a UK-based company in…
CapitaLand Commercial C-Reit sets Shanghai IPO offering at 2.29 billion yuan, up 7% from earlier estimate
CapitaLand China Trust (CLCT) will subscribe for 5 per cent of the 2.29 billion yuan (S$410.9 million) offering in the listing of a Shanghai unit. Its manager said in an announcement on…
Singapore swim school Fitness Champs splashes into Nasdaq with US$15 million IPO
As a former competitive swimmer who was waiting to enter university, Joyce Lee started freelancing as a swimming instructor in 1999 to help support her family in the wake of the 1997 Asian…
Via Transportation IPO: Stock listing date nears for transit tech startup
Via Transportation, a startup that aims to reimagine public transportation, has filed for an initial public offering (IPO), the latest tech-focused company seeking to take advantage of…
Klarna Group reveals target IPO share price as stock listing date nears
Klarna Group, the Swedish fintech startup known for its popular buy now, pay later services, has reveled the target share price for its long-awaited initial public offering (IPO). In a…
Boustead applies on behalf of UIB Holdings for IPO and listing of Reit that includes its assets
IPO portfolio is proposed to include Boustead’s stakes in some of its Singapore logistics and industrial real estate assets Boustead Singapore has applied to the authorities to publicly…
MetaOptics eyes S$6 million in gross proceeds from IPO, to trade on SGX Catalist on Sep 9
Home-grown semiconductor optics startup MetaOptics intends to raise some S$6 million in gross proceeds from its initial public offering (IPO), as it issues 30 million placement shares at…
Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this year Chinese surgical robot firm Edge Medical, backed by Singapore state investor Temasek…
Temasek-backed Chinese surgical robot maker Edge Medical said to file for Hong Kong IPO
The company is looking to raise about US$150 million to US$200 million as soon as this year Chinese surgical robot firm Edge Medical, backed by Singapore state investor Temasek…
Singapore-based Shein reportedly weighs moving back to China to ease path for Hong Kong IPO
Fast-fashion retailer Shein Group has considered relocating its headquarters back to China in an effort to gain Beijing authorities’ approval for its planned Hong Kong IPO,…
Singapore-based Shein said to be weighing shift back to China to ease path for Hong Kong IPO
Shein has considered relocating its headquarters back to China, in an effort to gain Beijing authorities’ approval for its planned Hong Kong initial public offering (IPO),…
Klook taps banks for US IPO: sources
Klook, a travel booking services company, has hired investment banks to help arrange a potential initial public offering (IPO) in the US, according to two sources with knowledge of the…
Shein’s UK sales surge to £2.1 billion in 2024, boosting profits as IPO looms
Shein’s British business made £2.1 billion (S$3.7 billion) in sales in 2024, a 32.3 per cent increase from the previous year, a filing by the online fast-fashion retailer showed early on…
Dezign Format to debut on Catalist on Aug 15 after S$6.5 million IPO
Dezign Format will begin trading on the Singapore Exchange’s (SGX) Catalist board when the market opens at 9am on Friday (Aug 15), following the successful placement of its new shares…