Markets & Investing

Xiaomi call warrants to start SGX trading on 9 July

Its Hong Kong IPO will start on the same date.

Singapore's Makara Innovation Fund secures US$150m from Jordanian investor

Makara Capital will utilise it to fund late-stage start-ups and growth-stage companies.

APAC IPO proceeds ballooned 80% to US$3.1b

Vietnam led the growth with a real estate developer listing of US$3.1b.

Singapore IPO proceeds plummeted 20% to US$408m

Small-cap listings dominated the market amidst uncertainty and trade tensions.

Singapore firms' payment performance weakened in Q2

Prompt payments fell slightly by 1.65 ppt to 49.55% of total transactions.

Daily Briefing: Fuel shortage in Asia pushed Singapore oil prices to a 3-year high; Starhub welcomes new CEO

And Golden Gate Ventures joined a $19.9m funding for a Singapore care-giving startup.

9 in 10 planned M&A deals failed in the past year

Nearly 3 in 5 bosses blamed competition and disagreement over the valuation price.

PropNex Realty debuts on SGX Mainboard at 68.5 cents per share

Its $240m market cap boosted the real estate cluster's cap to $179b.

EDBI joins US$220m funding for China bio-pharma player

I-Mab will use the fund to further develop its pre-clinical and clinical assets.

PropNex Realty raises $38m from IPO

Its publicly offered shares were 24.6 times oversubscribed.

Temasek invests $341.65m in US tech firm

The Singapore wealth fund is UST Global's first institutional investor.

Courts Asia offers to buy back $75m worth of 5.75% notes due 2019

The firm's existing cash surplus will fund their offering.

Hong Leong Asia to lose $43.5m over Chinese unit's restructure

Hong Leong Asia expects a loss of $43.5m due to the restructuring exercise of its consumer products unit Xinfei.

SGX adds 3 Mainboard issue managers and 2 Catalist sponsors

One of the issue managers targets real estate firms in Tier 1 and 2 cities in China.