Small Caps

Olam to list food ingredients business by 2022; reports S$87m H2 loss

AGRI-FOOD giant Olam International on Friday said it plans to list Olam Food Ingredients (OFI) by the first half of 2022 as part of its ongoing business reorganisation.

Aztech Global lodges preliminary prospectus for mainboard listing

AZTECH Group has lodged a preliminary prospectus for a mainboard listing of its technology unit, Aztech Global, on the Singapore Exchange (SGX), the conglomerate said on Wednesday.

Prestige Biopharma raises 453 billion won from Korean IPO

SINGAPORE-BASED biotech firm Prestige Biopharma has raised net proceeds of 453 billion won (S$539.9 million) from an initial public offering (IPO) on the Korea Exchange.

US-listed SPACs exploring S-E Asia for tech targets

THERE is growing interest among US-listed Special Purpose Acquisition Companies (SPACs) to acquire South-east Asian tech firms, thanks to investors' hunt for growth amid a slowing global economy,...

ThaiBev eyes listing of brewery unit on SGX, potentially biggest IPO in years

BEER and liquor giant Thai Beverage Public Co (ThaiBev)'s brewery unit is heading for a listing on the Singapore Exchange (SGX), Bloomberg reported.

Crescent Cove Advisors launching special purpose acquisition company to target S-E Asian tech firms

SAN FRANCISCO-based tech investment firm Crescent Cove Advisors, founded by Singaporean Heng Jun Hong, has filed confidentially to launch a special purpose acquisition company (SPAC) targeting...

Prestige Biopharma eyes at least 1.8t won valuation in Korean IPO

SINGAPORE-BASED Prestige Biopharma expects an implied market capitalisation of between 1.8 trillion won and 1.93 trillion won (S$2.2 billion to S$2.3 billion) in its upcoming initial public...

Asean fintechs may list in US market on dual-listing track

SOME Asean fintechs may look to soon list in both their home markets and the US, riding on the demand for growth stocks from this part of the world, said a top Citi banker.

JustCo eyes global growth and an IPO

HOMEGROWN coworking player JustCo, valued at US$1 billion, has been cautiously pursuing growth in a tough year, and it plans to "definitely" undertake an initial public offering (IPO) at some...

Analysts positive on IPO market after resilient results in 2020

EVEN in the midst of the Covid-19 pandemic, initial public offerings (IPOs) in 2020 continued to hold their own in the Singapore market. As such, market watchers The Business Times spoke to expect...

China arm of Tat Hong Holdings to be listed in Hong Kong

TAT Hong Equipment Service (THES), the Chinese-arm of local crane rental company Tat Hong Holdings, on Dec 10 passed the hearing by the Hong Kong Stock Exchange's (HKSE) Listing Committee for a...