{"id":4500,"date":"2021-11-09T15:31:43","date_gmt":"2021-11-09T15:31:43","guid":{"rendered":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/?p=4500"},"modified":"2021-11-30T11:38:16","modified_gmt":"2021-11-30T11:38:16","slug":"strong-interest-in-singapore-ipos-set-to-continue-in-2018","status":"publish","type":"post","link":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/strong-interest-in-singapore-ipos-set-to-continue-in-2018\/","title":{"rendered":"STRONG INTEREST IN SINGAPORE IPOS SET TO CONTINUE IN 2018"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"4500\" class=\"elementor elementor-4500\" data-elementor-settings=\"[]\">\n\t\t\t\t\t\t\t<div class=\"elementor-section-wrap\">\n\t\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-7ce7dff2 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"7ce7dff2\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-7a70b644\" data-id=\"7a70b644\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-97024b4 pp-image-slider-carousel pp-ins-normal pp-ins-hover-normal elementor-widget elementor-widget-pp-image-slider\" data-id=\"97024b4\" data-element_type=\"widget\" data-settings=\"{&quot;skin&quot;:&quot;carousel&quot;,&quot;pause_on_hover&quot;:&quot;yes&quot;,&quot;infinite_loop&quot;:&quot;yes&quot;}\" data-widget_type=\"pp-image-slider.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<div class=\"pp-image-slider-container\">\n\t\t\t<div class=\"pp-image-slider-wrap swiper-container-wrap\">\n\t\t\t\t<div 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class=\"swiper-wrapper\">\n\t\t\t\t\t\t\t\t\t\t<div class=\"pp-image-slider-thumb-item-wrap swiper-slide\">\n\t\t\t\t<div class=\"pp-image-slider-thumb-item pp-ins-filter-hover\">\n\t\t\t\t\t<div class=\"pp-image-slider-thumb-image pp-ins-filter-target\"><img decoding=\"async\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-content\/uploads\/2021\/11\/five.jpg\" alt=\"five\" \/><\/div><div class=\"pp-image-slider-thumb-overlay pp-media-overlay\"><\/div>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"pp-image-slider-thumb-item-wrap swiper-slide\">\n\t\t\t\t<div class=\"pp-image-slider-thumb-item pp-ins-filter-hover\">\n\t\t\t\t\t<div class=\"pp-image-slider-thumb-image pp-ins-filter-target\"><img decoding=\"async\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-content\/uploads\/2021\/09\/one.jpg\" alt=\"one\" \/><\/div><div class=\"pp-image-slider-thumb-overlay pp-media-overlay\"><\/div>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t<div class=\"pp-image-slider-thumb-item-wrap swiper-slide\">\n\t\t\t\t<div class=\"pp-image-slider-thumb-item pp-ins-filter-hover\">\n\t\t\t\t\t<div class=\"pp-image-slider-thumb-image pp-ins-filter-target\"><img decoding=\"async\" src=\"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-content\/uploads\/2021\/09\/six.jpg\" alt=\"six\" \/><\/div><div class=\"pp-image-slider-thumb-overlay pp-media-overlay\"><\/div>\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\n\t\t\t\t\t\t\t<!-- Add Arrows -->\n\t\t\t\t<div class=\"pp-swiper-button pp-swiper-button-prev pp-slider-arrow pp-arrow-prev pp-swiper-button-prev-97024b4\">\n\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-angle-left\"><\/i>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"pp-swiper-button pp-swiper-button-next pp-slider-arrow pp-arrow-next pp-swiper-button-next-97024b4\">\n\t\t\t\t\t<i aria-hidden=\"true\" class=\"fas fa-angle-right\"><\/i>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-2c235415 elementor-widget elementor-widget-text-editor\" data-id=\"2c235415\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tStrong interest in new listings on the Singapore Exchange seen last year should carry on in 2018, says the CEO of Singapore-based investment advisory firm SAC Capital. There were 20 IPOs in 2017 \u2013 seven on the Mainboard and 13 on the Catalist board \u2013 and better retail participation during the year.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-3429607 elementor-widget elementor-widget-heading\" data-id=\"3429607\" data-element_type=\"widget\" data-widget_type=\"heading.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t<h3 class=\"elementor-heading-title elementor-size-default\">Investor-One Editorial: 8 Jan 2018<\/h3>\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-4dad1e60 elementor-widget elementor-widget-text-editor\" data-id=\"4dad1e60\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tStrong interest in new listings on the Singapore Exchange seen last year should carry on in 2018, says the CEO of Singapore-based investment advisory firm SAC Capital. There were 20 IPOs in 2017 \u2013 seven on the Mainboard and 13 on the Catalist board \u2013 and better retail participation during the year.\n\n \n\n\u201cWe are optimistic that the positive trend will continue into 2018. In this connection, we will have more research reports and coverage for listed companies, especially those listed on SGX,\u201d said SAC CEO Ong Hwee Li in the firm\u2019s January 2018 newsletter.\n\n \n\nLast year, SAC completed three Catalist listings: property developer Pacific Star Development, healthcare group Aoxin Q&#038;M Dental and urban solutions provider Sanli Environmental. Sanli was a strong performer on debut, closing of 66.7% above the IPO price as compared with the average premium performance of 20.5% for all IPOs. SAC\u2019s next IPO involves the spin-off of Lian Beng Group\u2019s property development business.\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-64107240 elementor-blockquote--skin-border elementor-blockquote--button-color-official elementor-widget elementor-widget-blockquote\" data-id=\"64107240\" data-element_type=\"widget\" data-widget_type=\"blockquote.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<blockquote class=\"elementor-blockquote\">\n\t\t\t<p class=\"elementor-blockquote__content\">\n\t\t\t\tLooking ahead, Mr Ong noted that the global upswing in economic activity is turning more favourable, with increasingly more robust manufacturing data and consumer confidence in the developed markets as well as those in ASEAN\n\nMeanwhile, Singapore\u2019s robust growth, which is expected to come in at 1.5-3.5% in 2018 versus advanced estimate of 3.5% in 2017, will be supported by the upswing demand in the global IT cycle, sustained regional trade expansion and domestic-oriented activities such as ongoing infrastructure works and new public residential projects.\n \n\u201cAn uplift in consumer sentiment underpinned by the low unemployment rate and wage growth is also expected to support the domestic consumer spending,\u201d said Mr Ong.\t\t\t<\/p>\n\t\t\t\t\t<\/blockquote>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-117212f7 elementor-widget elementor-widget-text-editor\" data-id=\"117212f7\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\tIn line with the stronger global economy, global equity markets have done well. The Hang Seng Index was the best performer in 2017, chalking a return of 36.0%, followed by the Dow Jones Industrial Average at 25.1%. The Straits Times Index (STI) returned 18.1% last year.\n\nMr Ong said that the STI in 2018 should be supported by attractive valuations, strong earnings growth, and high dividend yield. In terms of industries, he noted that the Oil &amp; Gas (O&amp;G) sector should see better prospects in 2018 as oil prices have rebounded to 2-year high. \u201cAlthough the US may potentially open the taps on shale oil production as prices scale higher, we find comfort in OPEC and Russia\u2019s decision to extend production cuts until end-2018,\u201d said Mr Ong.\n\nImproving oil prices will also be a boon for the banks, as it would help lower bad debt provisions and allay concerns on asset quality. Many banks have suffered large O&amp;G-related debt impairment in recent years. This coupled with the rising interest rates, should see the banks perform better in 2018.\n\nMr Ong said that Singapore\u2019s property market should also see a recovery, with home prices likely to have bottomed in 2017. \u201d With housing affordability relative to household income improving since 2013, the demand for properties would overrule likely interest rate hikes in 2018,\u201d he said.\n\nhttps:\/\/www.investor-one.com\/editorial\/1104-Strong-interest-in-Singapore-IPOs-set-to-continue-in-2018\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<section class=\"elementor-section elementor-inner-section elementor-element elementor-element-565dbc47 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"565dbc47\" data-element_type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-2e801888\" data-id=\"2e801888\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6b095499 elementor-widget__width-initial elementor-widget elementor-widget-text-editor\" data-id=\"6b095499\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t<p>SHARE ARTICLE<\/p>\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-7cf751af elementor-share-buttons--view-icon elementor-share-buttons--skin-flat elementor-share-buttons--shape-circle elementor-share-buttons--align-left elementor-widget__width-initial elementor-grid-0 elementor-share-buttons--color-official elementor-widget elementor-widget-share-buttons\" data-id=\"7cf751af\" data-element_type=\"widget\" data-widget_type=\"share-buttons.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t<div class=\"elementor-grid\">\n\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_facebook\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-facebook\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on facebook<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_twitter\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-twitter\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on twitter<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-grid-item\">\n\t\t\t\t\t\t<div class=\"elementor-share-btn elementor-share-btn_linkedin\">\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<span class=\"elementor-share-btn__icon\">\n\t\t\t\t\t\t\t\t<i class=\"fab fa-linkedin\" aria-hidden=\"true\"><\/i>\t\t\t\t\t\t\t\t<span\n\t\t\t\t\t\t\t\t\tclass=\"elementor-screen-only\">Share on linkedin<\/span>\n\t\t\t\t\t\t\t<\/span>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-inner-column elementor-element elementor-element-e044d77\" data-id=\"e044d77\" data-element_type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap\">\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Strong interest in new listings on the Singapore Exchange seen last year should carry on in 2018, says the CEO of Singapore-based investment advisory firm SAC Capital. There were 20 IPOs in 2017 \u2013 seven on the Mainboard and 13 on the Catalist board \u2013 and better retail participation during the year. Investor-One Editorial: 8 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3670,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[5],"tags":[],"class_list":["post-4500","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/posts\/4500","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/comments?post=4500"}],"version-history":[{"count":0,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/posts\/4500\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/media\/3670"}],"wp:attachment":[{"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/media?parent=4500"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/categories?post=4500"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/glutenfreepleasure.com\/__proxy_domain\/www.saccapital.com.sg\/wp-json\/wp\/v2\/tags?post=4500"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}