SGX IPO pipeline set for strong 2018 despite lacklustre equities & delistings

A Singapore Exchange logo sits outside their head office in Singapore April 22, 2015. REUTERS/Edgar Su/Files

2017 saw a strong performance by the Singapore Exchange (SGX) with total funds raised through Initial Public Offerings (IPOs) at $3.53 billion being the highest in the past four years.

The year was also marked by 29 delistings while real estate investment trusts (REITs) and business trusts continued to dominate Singapore’s IPO pipeline, according to data from PwC’s ‘Equity Capital Markets Watch – Singapore: 2017 year in Review’ and a report from brokerage Maybank Kim Eng (Maybank KE).

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