Tag: SGX

Jardine Matheson Overtakes DBS Group By Market Cap

The 5 Largest SGX Stocks   Prudential, Singtel, DBS Group, Jardine Matheson and Jardine Strategic have been the 5 largest SGX stocks by market cap for quite sometime (except for Apr-18 when OCBC Bank overtook Jardine Strategic by about 1 billion). However, 3 out of the top 5 stocks ie Prudential, Jardine Matheson and Jardine

Aiyoh “ayondo” Toh !

ayondo – The first FinTech company listed on Singapore Exchange on 26-Mar-2018, is celebrating its first trimester of listing. Share price of ayondo, however, was down nearly 15% today and closed at $0.075. Over the 3 months of listing, share price of ayondo has down 71% from the IPO price of $0.26. 🙈    

SIAS Withdraws The “Most Transparent Company Award” to Midas

Securities Investors Association Singapore (SIAS) announced on 30-May-2018 to withdraw the ‘Most Transparent Company Award’ awarded to Midas Holdings from year 2012 to 2016. The press statement by SIAS is here.   SIAS Investors’ Choice – Most Transparent Company Award The “Most Transparent Company Award” is given to about 50 companies listed at SGX every

Ayondo’s SGX Catalist Listing – Why?

Ayondo IPO Balloting Results   Ayondo announced its IPO balloting results yesterday evening. Extraction from the annoncement (link):   Following the close of the Application List at 12.00 noon (Singapore time) on 22 March 2018, the Board of Directors of the Company is pleased to announce that the applications received for the Placement and applications

SGX’s First FinTech Company IPO – Ayondo

Ayondo – An European originated company that provides social trading and brokerage services announced its IPO and set to be listed on SGX on 26-Mar.   The 2 ‘Keywords’ Browsing through the headlines of media reports for the IPO, SGX Observer realised the 2 most associated keywords are ‘FinTech‘ and ‘Loss-Making‘.   Ayondo – Company

OCBC Bank overtakes SingTel as South-east Asia’s 2nd most valuable company

DBS overtook SingTel as South-east Asia’s most valuable company in November 2017. According to The Straits Times and TodayOnline, “The lender had a market capitalisation of S$62.97 billion as of Thursday (Nov 24)’s close, compared with Singtel’s S$60.42 billion. The telecommunications company is expected to face more competition from new Singapore mobile-phone entrant TPG Telecom Ltd.”

SGX StockFacts – Stock Facts?

Frasers Centrepoint Trust acquired one-third stake in Waterway Point (??) Frasers Centrepoint Asset Management Ltd (Manager of Frasers Centrepoint Trust) this morning issued a clarification note regarding ‘a website posting’ at SGX StockFacts portal title “Frasers Centrepoint Trust (SGX:J69U) acquired one-third stake in Waterway Point from Frasers Centrepoint Limited (SGX:TQ5)” (link) The Manager wishes to

APAC Realty Launched IPO for SGX Mainboard Listing (Again)

APAC Realty IPO APAC Realty has launched its IPO to gather about S$2.9mil by offering about 4.4 million shares at S$0.66 each. According to the APAC Realty’s IPO Prospectus logged with MAS here, The core business of APAC Realty is its property brokerage business under the ERA brand. The proceed of S$2.9mil from the IPO