Disappointing IPO results of Facebook, Groupon discourage companies to go public
Singapore IPOs in Q212 down by 21%.
Results from Janus Corporate Solutions showed that only 96 companies went public from April to June compared to 122 during the first three months of the year.
According to Janus, a possible reason for this decline is the continued sluggishness of the global economy, as well as companies being wary of the disappointing results of several high-profile IPOs such as Facebook and Groupon.
Public limited companies set up in 2Q12 only consist around 1% of the total 14,481 business entities that were formed during the period.
This signals chemical firm Eastman’s commitment to its Asian clients.
Find out how the drastic changes in the industry and the “democratisation of information” have helped Saxo Bank succeed.
One of EASB’s full-time lecturer, Willard Tan, shares his incredible educational journey with EASB and how he gives back to his alma mater.
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