Small Caps

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...

RedDoorz gunning for IPO, and making expansion a priority

SINGAPORE-based hotel booking and management platform RedDoorz is shooting to be Ebitda-positive by 2023. Its chief executive thinks that it is a milestone which, when reached, would mark the...

Thailand, Philippine firms lead revival in South-east Asia IPOs; Singapore still in top spot

[SINGAPORE] Thailand and Philippine companies are leading a regional pick-up in initial public offerings (IPOs), spurred by growing investor interest in firms focused on South-east Asian consumers...

Philippines AirAsia to launch IPO between 2020 and 2021

[MANILA] The Philippine unit of AirAsia Bhd is delaying its initial public offering (IPO) to next year or 2021 as it focuses on corporate reorganisation, its chairman said on Wednesday.

New 'co-living hotel' opens in Chinatown with room rates from $60 to $200 a night

SINGAPORE - Catalist-listed food and beverage (F&B) player Katrina Group on Wednesday (Oct 9) unveiled a hotel in Chinatown through its hospitality arm, as the first in a new line of...

Goldman evaluating role in China's Megvii IPO after US blacklist

[NEW YORK] Goldman Sachs Group Inc said on Tuesday it was reviewing its involvement in Megvii Technology Ltd's planned initial public offering (IPO) after the US government placed the Chinese...

PropertyGuru lodges IPO prospectus to raise up to A$380m on ASX

SOUTH-EAST Asian real estate portal PropertyGuru, which counts buyout firms TPG Capital and KKR among its backers, is seeking to list on the Australian Securities Exchange (ASX).

Morgan Stanley to woo startups at own direct-listing event

[NEW YORK] Silicon Valley investors are touting direct listings to startups as a way to sidestep Wall Street banks and the initial public offering (IPO) process. Morgan Stanley wants to make sure...

Planned IPO of Brazilian bank BMG may raise up to US$395m

[SAO PAULO] The initial public offering (IPO) of Brazilian bank BMG SA may raise up to 1.6 billion reais (US$395 million or S$544 million) if the bank sells all the shares at the top of the range...

Retailers help heat up IPO activity in South-east Asia

RETAIL has been one of the hottest sectors among recent South-east Asian initial public offerings, as investors look to cash in on consumers' increasing spending power in the region.