Chart of the Day: Proceeds from equity offerings rise to $7.71b YTD

Thanks to IPO listings in local stock exchanges.

This chart from Thomson Reuters shows the overall Singapore-listed equity offerings made $7.71b (US$5.7b) so far this year, a 39.9% increase in proceeds compared to 2016 as the number of issuances grew 30.0%.

This was mainly driven by initial public offerings (IPO) listings in Singapore stock exchanges that raised $4.33b (US$3.2b) in proceeds so far this year, up 85.7% from 2016.

NetLink NBN Trust’s $2.3b IPO is the biggest IPO listing in the Singapore Exchange (SGX) mainboard so far this year.

In 4Q2017, two REITs IPO were launched: Cromwell European REIT (CEREIT) raised $885.22m (US$654.3m) after reducing the size of its offering, whilst Keppel-KBS US REIT raised $445.65m (US$329.4m) in IPO proceeds.

Coffee shop operator Kimly Ltd’s $43.5m IPO is currently the largest IPO in the SGX Catalist board.   

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.