Singapore IPO market flush with deals but investors could be choosy

By Rashmi Kumar
31 Jul 2014

The Singapore ECM market has sprung back to life, with companies raising $713m through IPOs in July alone — an incredible jump from the lacklustre volumes of the first six months of the year. And the rest of 2014 is already looking promising. But companies considering riding the momentum should be aware that investors are not ready to buy into every story, writes Rashmi Kumar.

Accordia Golf Trust, IReit Global, Samudra Energy and Japfa are among the names tapping the Singapore IPO market. Japan’s Accordia has already priced its deal, with listing set for August 1. The others opened books for their respective listings later in July, and each is looking to raise ...

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