Will there be an increase in delistings and takeovers in Singapore this year?

Investors are looking for takeover candidates.

According to a report from Bloomberg, with more than half of Singapore equities trading below their net worth, some investors are chasing profits by buying shares in companies that may be bought out or delisted by controlling shareholders or takeover firms.

“Investors are looking for takeover candidates because prices have come off significantly,” said Justin Tang, a director of global special situations at Religare Capital Markets in Singapore. “We may see an increase in delistings and takeovers this year because of this.” Global Logistic Properties Ltd., a warehouse operator, is among companies targeted for takeover by firms including Blackstone Group LP, Warburg Pincus and Hopu Investment Management, according to people with knowledge of the matter. GLP shares have risen 53 percent since November amid reports the company may be acquired.

Read more here.

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.

Top News

AI shifts how wealth management solutions are built and delivered at scale
DBS aims to reduce investment insights preparation from hours to minutes using agentic AI.
Asia insurers risk irrelevance as protection gaps widen
An expert said Singapore saves 36% of its income despite having high protection and critical illness gaps.
Insurance
Banks urged to turn pricing into a strategic growth lever
A consultant says data-driven pricing can boost revenue and lower funding costs without sacrificing volume.