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COMMERCIAL PROPERTY, ECONOMY, RESIDENTIAL PROPERTY | Staff Reporter, Singapore
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Daily Briefing: APAC Realty IPO raises strong interest; Which is the top online grocer?

And here's three blue-chip stocks nearing their 52-month lows.

From PropertyGuru:

APAC Realty Limited, which operates under the ERA brand, received robust investor interest for its shares during its initial public offering (IPO), with the public offering and international placement being 29.0 times and 13.4 times subscribed, respectively.

The company offered an international placement of 44.5 million shares and a public offering of 4.4 million shares at $0.66 per share.

In a release, APAC Realty revealed that it received 3,035 applications for a total of 127.7 million shares for its public offering, with the application monies amounting to around $84.3 million.

Read more here.

From ZUU Online via Yahoo!:

Online groceries – Which one come up tops in free shipping and lowest pricing? And which one has the most customer-friendly presence? Online shopping lets you have the convenience of skipping the trip to the store but not the immediate delivery of your items.

So, we carted or rather clicked on eight essential household items and did a comparison amongst five major online grocery providers – RedMart, Giant, Lazada, Sheng Siong, and the latest NKOTB (or New Kid On The Block) Amazon Prime Now.

Read more here.

From PropertyGuru:

Dubbed a Superinvestor by Warren Buffett, Walter Schloss was known to be a deep value investor. Schloss was very keen on stocks that were selling at 52-week low prices.

In Singapore, even among the blue-chip companies of the Straits Times Index (SGX: ^STI), there are a few stocks that are flirting with their respective 52-week low prices.

Let’s look at three of them – Comfortdelgro Corporation Ltd (SGX: C52), SATS Ltd (SGX: S58) and Singapore Telecommunications Limited (SGX: Z74) – starting with the stock that is closest to its 52-week low price.

Read more here.

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