Singapore’s dismal IPO market has companies eyeing Malaysia

SOME Singaporean companies are looking to sell shares in Malaysia’s booming market, as the city-state remains on track for its worst year for new stock listings in a quarter century. A shift would buck the historical pattern of Malaysian firms offering equity in Singapore, which has traditionally been seen as offering better access to global institutional...

Borsig IPO to alleviate KNM’s financial woes

PETALING JAYA: The initial public offering (IPO) exercise of machinery and equipment unit Borsig GmbH on the Singapore Exchange (SGX) should uplift KNM Group Bhd by aiding its repayments to creditors, says Borsig chief executive officer (CEO) Jurgen Stegger. In a statement yesterday, he highlighted that Borsig has continued to shine as a valuable asset within the KNM...