Small Caps

Malaysian mobile operator U Mobile targets US$500m IPO

[KUALA LUMPUR] U Mobile, a Malaysian mobile service provider, is planning to raise about US$500 million in an initial public offering (IPO) in Kuala Lumpur, according to people familiar with the...

Singapore IPO value jumps four times to US$2.2b in 2019

SINGAPORE'S initial public offering (IPO) market was up four times in funds this year, boosted by four real estate investment trusts (Reits) - Prime, Lendlease, Eagle Hospitality, and ARA...

Alibaba confirms huge Hong Kong public listing

[HONG KONG] Chinese technology giant Alibaba confirmed Friday its plans to list on the Hong Kong stock exchange, in an initial public listing aiming to raise up to US$13.8 billion.

The dearth of IPOs weakens capitalism

AN INITIAL public offering (IPO) should be a milestone in a company's existence, representing the moment it begins to fulfil the promise demonstrated as a young entity. Yet, companies are delaying...

Alibaba to resume Hong Kong listing plans as soon as November: sources

[HONG KONG] Alibaba Group Holding Ltd is eyeing a listing in Hong Kong as early as November to raise up to US$15 billion, after political unrest put the move on ice earlier this year, people...

Gojek says it is still planning IPO, but not in near future

INDONESIA'S first startup unicorn Gojek said on Thursday it has no immediate plans to tap public markets, but is still planning a listing with the Indonesian exchange, the IDX, as its primary...

Hong Kong money is fleeing? Not around here

[HONG KONG] Hong Kong may have been seeing money flow out as the city's turmoil undermines its reputation as a stable financial centre, but one important source of capital keeps on coming: cash...

Startup IPO jitters spill over into South-east Asia

A REALITY check on mega flotations in the world's biggest stock market is sending ripples through the region's initial public offering (IPO) market for venture-backed startups.

Valuation doubts behind PropGuru's weak demand

PROPERTYGURU'S choice of Australia as a listing venue that holds more promise than its home bourse in Singapore has turned out to be not so hot after all.

Protein shake seller BellRing raises US$480m in low-end IPO

[SAN FRANCISCO] BellRing Brands, a spinoff of Post Holdings' active nutrition unit selling protein shakes, bars, and powders, raised US$480 million in an initial public offering (IPO), meeting the...