Small Caps

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.

WeWork IPO is withdrawn as investors grow wary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...