Singapore may see more IPOs this year

Expect IPOs from 20 to 30 companies.

This number compares to the 19 new listings in 2012 that collectively raised US$2.7 billion in proceeds. Some analysts said the potential new listings may raise funds in the range of between US$82 million and US$122 million.

Already, Logistics Holdings, a construction company, has lodged its prospectus with the Singapore Exchange.

Despite the grim economic environment posing a risk to new IPOs, investors are still drawn to the transparency and good governance in Singapore. Analysts said 2013 is poised to be an interesting year in terms of the variety of companies coming to list.

Some large company listings are expected to make their way into the SGX this year. Sources said these are companies are those with an overall market capital of at least US$408 million per listing.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Top News

Boustead net profit falls 10% despite 38% revenue jump
Real estate, geospatial, and energy engineering divisions drove the sales growth.
Raffles Education revenue sinks 15% to $24.7m in Q1
The Bangkok school plans to expand capacity to accommodate 1,700 students.
HR & Education