Small Caps

WeWork IPO is withdrawn as investors grow wary

[NEW YORK] WeWork shelved its plans for an initial public offering on Monday, a startling retreat for a company that expanded rapidly in recent years as it sought to transform commercial real...

Investors are gearing up for Thai property IPO bonanza

FOR investors seeking a slice of Thailand's property market, this is turning out to be the year to do just that.

AB InBev launches second Asia IPO attempt

ANHEUSER-BUSCH InBev NV will kick off a second attempt to spin off its Asian business in Hong Kong with the launch on Wednesday of an initial public offering (IPO) worth up to US$6.6 billion that...

WeWork parent says IPO still on despite recent setbacks

WEWORK owner The We Company said on Monday that it expected to complete its initial public offering (IPO) by the end of the year, after walking away from preparations earlier in the day to proceed...

Lendlease Group seeks to list Reit on SGX to raise S$1.03b

SYDNEY-headquartered Lendlease Group has lodged a prospectus to list a new Reit (real estate investment trust) on the Singapore Exchange (SGX) mainboard.

China’s Uber-for-trucks breaks even, en route to IPO

[HONG KONG] China's Uber-for-trucks startup Full Truck Alliance said it's weighing an initial public offering (IPO) after breaking even from May, defying a sector-wide downturn.

PropertyGuru plans up to A$400m Australian IPO: sources

[SINGAPORE] South-east Asian online realtor PropertyGuru Group, which counts buyout firms TPG Capital and KKR among its backers, is targeting an Australian IPO which could raise up to A$400...

Mercurius issues 12m new shares worth $1.2m to repay convertible loan

SINGAPORE - Catalist-listed Mercurius Capital Investment has issued $1.2 million worth of new shares to investors Hii Siew Chung and Cheah Bee Lin at a conversion price of $0.10 apiece for 12.0...

Astaka unit receives letters of demand for $41.3m owed to contractor

SINGAPORE - Catalist-listed property developer Astaka's wholly owned indirect subsidiary, Astaka Padu Sdn Bhd (APSB), owes a late payment of RM125.3 million (S$41.3 million) plus interest to a...

Alita Resources suspends trading after going into voluntary administration

SINGAPORE - Catalist-listed lithium miner Alita Resources suspended trading of its shares on Tuesday morning (Sept 3), days after administrators and receivers were appointed in relation to its...