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.   

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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley