Market Chatter: Singapore Exchange Gears for Further IPOs

MT Newswires
Oct 06

Singapore Exchange received preliminary documents for the initial public offering of four companies, according to a report by The Straits Times on Monday.

The companies include industrial property developer Soon Hock Enterprise, Coliwoo, a subsidiary of LHN (SGX:41O, HKG:1730), food maker Leong Guan and adhesives producer, Infinity Development, the report said.

This comes after SGX confirmed that more than 30 companies are in the process of an IPO, the report noted.

The city-state has now surpassed London in terms of the world's top IPO venues, the report added.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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