Business

Saudi Aramco CEO Says Domestic IPO Will Be The Primary Listing

Saudi Aramco’s chief executive, Amin Nasser, said on Tuesday a domestic IPO of the state oil giant would be the prima... Read more

SE Asian Online Realtor PropertyGuru Plans Up To $274.2m Australian IPO

Southeast Asian online realtor PropertyGuru Group, whose backers include buyout firms TPG Capital and KKR, is planning ... Read more

India: Paytms Losses Almost Triple In FY19 As Expenses Rise

One97 Communications Ltd, the parent of Paytm, nearly tripled its losses in the year ended 31 March as it spent more o... Read more

Key Backer SoftBank Pushes WeWork To Postpone Its IPO Amid Serious Concerns

Executives of WeWork and its largest investor, SoftBank, are discussing whether to shelve plans for an initial public o... Read more

CVC Capital-backed The Executive Centre Pauses Sale Process Amid HK Protests

Office space provider The Executive Centre (TEC) has paused its sale process over fears that its large Hong Kong exposu... Read more

Singapore Taxi Firm Trans-cab Revives IPO Plan, Seeks Valuation Of $145m

Trans-cab Services Pte., Singapore’s second-largest taxi operator, is reviving its plans for an initial public offeri... Read more

Pragues Home Credit To Test HK IPO Market As It Seeks To Raise $1b

Consumer lender Home Credit is poised to offer the biggest test of Hong Kong’s capital markets since China’s Alibab... Read more

Philippines F&B Kiosk Operator Fruitas Files For $23m IPO

Fruitas Holdings Inc (Fruitas), a food and beverage kiosk operator in the Philippines, has filed to raise up to 1.2 bil... Read more

JPMorgan May Bag Lead Advisory Role For Saudi Aramco IPO

JPMorgan Chase & Co is close to winning the lead advisory role for Saudi Aramco’s initial public offering, a sour... Read more

Norwegian Utility Statkraft Leads Race For India-focused Continuum Wind Energy

Norway’s state utility Statkraft has emerged on top in the race for Continuum Wind Energy, a wind energy platform own... Read more

WeWork To Proceed With IPO Launch Despite Valuation Concerns

WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early ... Read more

Singapore-based Luxury Goods Platform Reebonz Gets 2nd Nasdaq Delisting Notice

US Nasdaq-listed and Singapore-based luxury items company Reebonz Holding Limited (Reebonz)  has received a notificati... Read more

Li Ka-shings Hutchison Port Holdings Trust To Be Removed From SGs STI

Hutchison Port Holdings Trust will be removed from Singapore’s Straits Times Index after a dramatic fall in its marke... Read more

Indonesia: Trinitan Metals, Nusantara Almazia, Bhakti Agung Line Up IPO

In IPO market in Indonesia is hotting up with action as a slew of companies are lining up their public issues. While pr... Read more

Paytm To Start Planning IPO In 22-24 Months, Says CEO Vijay Shekhar Sharma

Paytm will start preparations for an initial public offering (IPO) in the next 22-24 months, its founder and CEO Vijay ... Read more