Singapore Exchange Banks on More IPOs in 2013

Singapore Banks on More IPOs in 2013

online.wsj.com 22 Jan '13, 4pm

Singapore Exchange Banks on More IPOs in 2013

SINGAPORE—Singapore Exchange Ltd. said it sees a "healthy" pipeline for new share sales in 2013, after reporting a 17% increase in fiscal second-quarter net profit on higher revenue from its securities and derivatives businesses. Enlarge Image Close Bloomberg News Singapore Exchange sees a "healthy" deal pipeline. Above, CEO Magnus Böcker. "If we continue to see the positive sentiment in the market, I think you will see more IPOs. We see some very large companies coming, and I think that's fairly important for the market," Magnus Böcker, the chief executive of Singapore Exchange told The Wall Street Journal on the sidelines of a media and analyst briefing after announcing earnings, without naming any of the firms. Singapore's benchmark Straits Times Index has climbed 1.7% since the beginning of the year, after jumping 17% last year. The index closed little changed on Tuesd...

Full article: http://online.wsj.com/article/SB1000142412788732394000457...

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» 22 Jan '13, 4pm
Singapore Exchange Banks on More IPOs in 2013 [link] WSJ
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Singapore Exchange Banks on More IPOs in 2013 [link]
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Singapore Exchange Banks on More IPOs in 2013 [link]
@WSJmarkets » 22 Jan '13, 4pm
Singapore Exchange Banks on More IPOs in 2013 [link]
@FinanzLinksWelt » 22 Jan '13, 4pm
Singapore Exchange Banks on More IPOs in 2013 [link] WSJ